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(Solved): Radioco manufactures 2 types of radios. The only scarce resource that is needed to produce radios is ...



Radioco manufactures 2 types of radios. The only scarce resource that is needed to produce radios is labor. At present the company has two laborers. Laborer 1 is willing to work up to 40 hours per week and is paid 5$ per hour. Laborer 2 will work up to 50 hours per week for 6$ per hour. The price as well as the resources required to build each type of radio are given in the table.



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