The following LM317 adjustable voltage regulator example uses R1 & R2 to adjust the output voltage:
And the datasheet for the output formula is given as:
Now instead of using R1=4.2k and R2= 10k one can also use:
R1 = 420 and R2 = 1k or
R1 = 42k and R2 = 40k ect.
So we can obtain the same output voltage when R1 and R2 are as small as hundreds of ohms or very big as tens of kOhms or even more. I can see that Iadj changes with resistance values.
Regarding the options of R1 and R2 values, is there a reason to chose one option to the other? From power perspective one might chose tens of kOhms. But that makes the Iadj very small. Is there any relation between the output voltage stability and the choice of resistors here? What could be the correct way of reasoning?