Question You are the manager of a firm and you are required to optimize the Cobb Douglas function given the following parameters. The maximum amount of money available is $1600 where the price of K =...

You are the manager of a firm and you are required to optimize the Cobb Douglas function given the following parameters. The maximum amount of money available is
$1600 where the price of K = 12 and the price of L=6. That is P_K=12 and P_L=6. The function is given as q=K^0.4+L^0.6. What is the constraint equation?

a. none of the above

b. 12K - 6L = 1600

c. 12K/6L = 1600

d. 12K+6L=1600