Quaker Oats can efficiently produce its Aunt Jemima instant pancake mix at a rate of 5000 units in a typical day. What has the quantity produced to achieve low unit cost led to?

Question

Quizplus · Accepted Answer

The quantity produced to achieve low unit cost has led to a discrepancy of quantity, which occurs when the amount produced by the manufacturer does not match the amount desired by the consumer. In this case, producing 5000 units in a day may exceed immediate consumer demand, creating a surplus.

Quaker Oats Can Efficiently Produce Its Aunt Jemima Instant Pancake