For short-run product-mix decisions,managers should focus on minimising total fixed costs.

Question

Quizplus · Accepted Answer

Short-run product-mix decisions involve allocating limited resources to various products in the most profitable way. Therefore, managers should focus on maximising total contribution margin rather than just minimising total fixed costs. By doing so, they can increase overall profitability and improve the company's financial performance.

For Short-Run Product-Mix Decisions,managers Should Focus on Minimising Total Fixed