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Business, 12.06.2020 21:57 lorenavh81

2. The Longheel Press produces memo pads in its local shop. The company can rent its equipment and hire workers at competitive rates. Equipment needed for this operation can be rented at $90 per hour, and labor can be hired at $30 per worker hour. The company has allocated $300,000 for the initial run of memo pads. The production function using available technology can be expressed as:

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