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The Following Question Are Based on the Following Table

Question 67

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The following question are based on the following table:
The following question are based on the following table: -A firm is able to purchase 1 unit of raw material for $2 and convert that unit into a finished product that sells for $25.Four production techniques are available,as shown in the table.If labor costs $1 per hour and machine time costs $3 per hour,the firm should A) use technique A. B) use technique B. C) use technique C. D) use technique D. E) not produce at all.
-A firm is able to purchase 1 unit of raw material for $2 and convert that unit into a finished product that sells for $25.Four production techniques are available,as shown in the table.If labor costs $1 per hour and machine time costs $3 per hour,the firm should


A) use technique A.
B) use technique B.
C) use technique C.
D) use technique D.
E) not produce at all.

Correct Answer:

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