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The Cobb-Douglas production function for an automobile manufacturer is f(x, y) = 100x0.6y0.4, where x is...

The Cobb-Douglas production function for an automobile manufacturer is

f(x, y) = 100x0.6y0.4,

where x is the number of units of labor and y is the number of units of capital. Estimate the average production level if the number of units of labor x varies between 300 and 350 and the number of units of capital y varies between 375 and 400. (Round your answer to two decimal places.)

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