[Solution by Claude - not from source] Air gap $=d-\frac38d-\frac12d=\frac d8$. $\frac1C\propto\frac18+\frac{3}{8K_1}+\frac{1}{2K_2}=\frac12\Rightarrow\frac{3}{K_1}+\frac{4}{K_2}=3$. With $K_2=0.8K_1$: $\frac{3}{K_1}+\frac{5}{K_1}=3\Rightarrow K_1=\frac83\approx2.66$. Answer (1).