A.C. Tech Manufacturing Appliances manufactures three sizes of kitchen appliances: small, medium, and large. Product information is provided below.

The maximum machine-hours available are 6,500 per week.
Which of the three product models should be produced first if management incorporates a short-run profit maximizing strategy?
A) small appliance
B) medium appliance
C) large appliance
D) both medium and large appliance

Question

A.C. Tech Manufacturing Appliances manufactures three sizes of kitchen appliances: small, medium, and large. Product information is provided below.

The maximum machine-hours available are 6,500 per week.
Which of the three product models should be produced first if management incorporates a short-run profit maximizing strategy?
A) small appliance 
B) medium appliance 
C) large appliance 
D) both medium and large appliance

Quizplus · Accepted Answer

The Answer of A.C. Tech Manufacturing Appliances manufactures three sizes of kitchen appliances: small, medium, and large. Product information is provided below.

The maximum machine-hours available are 6,500 per week.
Which of the three product models should be produced first if management incorporates a short-run profit maximizing strategy?
A) small appliance 
B) medium appliance 
C) large appliance 
D) both medium and large appliance

AC Tech Manufacturing Appliances Manufactures Three Sizes of Kitchen Appliances