You are a manager at Glass Inc.a mirror and window supplier. Recently, you conducted a study of
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You are a manager at Glass Inc.a mirror and window supplier. Recently, you conducted a study of the production process for your single-side encapsulated window. The results from the study are summarized in the following table and are based on the 8 units of capital currently available at your plant. Each unit of labor costs $60,each unit ofcapitalis $20, and your encapsulated windows sell for $12 each. Given this information, what is your optimal labor and output decision?
Labor:
Output:
Given these decisions, what will be your profit?
$
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