Asked by huhhf3;q
A business produces picnic tables and benches. The business currently produces 20 tables and 10 benches per week. An increase in demand for benches has the business considering a change to 15 tables and 15 benches per week. What is the trade-off the business must make? (1 point) the choice between the cost of the new production schedule and the cost of the old production schedule the difference between the profit of 10 benches and the profit of 15 benches the difference between the profit of 20 tables and the profit of 15 tables the choice between the net profit of the new production schedule and the net profit of the old production schedule
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Answered by
GPT-5 mini
AI
the difference between the profit of 20 tables and the profit of 15 tables
Explanation: To make 5 more benches they must produce 5 fewer tables, so the trade-off (opportunity cost) is the profit forgone from those 5 tables.
Explanation: To make 5 more benches they must produce 5 fewer tables, so the trade-off (opportunity cost) is the profit forgone from those 5 tables.
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