-The above table gives techniques that Fatz confectionery can use to produce 2,000 pounds of candy. If the cost of capital is $20 per unit and the cost of labor is $40 per unit, the economically efficient technique for producing 2000 pounds of candy is
A) A.
B) B.
C) C.
D) D.

Question

-The above table gives techniques that Fatz confectionery can use to produce 2,000 pounds of candy. If the cost of capital is $20 per unit and the cost of labor is $40 per unit, the economically efficient technique for producing 2000 pounds of candy is
A) A. 
B) B. 
C) C. 
D) D.

Quizplus · Accepted Answer

To determine the economically efficient technique, calculate the total cost for each technique by multiplying the number of capital units by $20 and the number of labor units by $40, then summing these amounts. Choose the technique with the lowest total cost.

-The Above Table Gives Techniques That Fatz Confectionery Can Use