Scenario 2: The production function for earthquake detectors (Q) is given as follows:Q = 4K1/2L1/2 , where K is the amount of capital employed and L is the amount of labor employed. The price of capital, PK, is $18 and the price of labor, PL, is $2.Refer to Scenario 2. Suppose that you receive an order for 60 earthquake detectors. How much labor will you use to minimize the cost of 60 earthquake detectors?
A. A. 1 B. B. 5 C. C. 10 D. D. 45 E. E. none of the above