1 You are a manager for Herman Miller a major manufacturer of office furniture. You recently hired an economist to work with engineering and operations experts to estimate the production function for a particular line of office chairs. The report from these experts indicates that the relevant production function is: Q = 2(K)IH(L) 1.?! where K represents capital equipment and L is labor. Your company has already spent a total of $3,000 on the 9 units of capital equipment it owns .Due to current economic conditions, the company does not have the flexibility needed to acquire additional equipment. Ifworkers at the firm are paid a competitive wage of$120 and chairs can he sold for $400 each, what is your profit-m aximizing level of output and labor usage ? Output -eo Lam _ mo