1. Is it more profitable for Company M to produce Q?
I. Product R sells at a price four times that of Q
II. One unit of Q requires 2 units of labour, while one unit of R requires 5 units of labour. There is a no other constraint on production.
Write Comment
Comments
By: anil on 05 May 2019 02.29 am
Taking only 1st statement into consideration, nothing certain can be said about product Q
Similarly with the only 2nd statement, we have only 1 information about product Q and R.
But considering both statements together we can say with sufficient information that product Q will be more beneficial than product R
Terms And Service:We do not guarantee the accuracy of available data ..We Provide Information On Public Data.. Please consult an expert before using this data for commercial or personal use
Similarly with the only 2nd statement, we have only 1 information about product Q and R.
But considering both statements together we can say with sufficient information that product Q will be more beneficial than product R