A dairy farm processed the following information about two products is produces; Milk- Current sales value $8000, estimated added processing costs $2000, sales value if processed further $11000 Yogurt- Current sales value $12000, estimated added processing costs $7000 , sales value if processed further $18000 Which product should be processed further? a) yogurt, b/c profits increase by $1000, which exceeds profits increased by milk b) milk, b/c profits increase by $1000, whereas yogurt results in decrease of profit c) both products, b/c revenue will increase by $9000 for milk, $6000 for yogurt d) both products, b/c profit for milk will be $1000 and profit for yogurt will be $1000
A dairy farm processed the following information about two products is produces; Milk- Current sales value $8000, estimated added processing costs $2000, sales value if processed further $11000 Yogurt- Current sales value $12000, estimated added processing costs $7000 , sales value if processed further $18000 Which product should be processed further? a) yogurt, b/c profits increase by $1000, which exceeds profits increased by milk b) milk, b/c profits increase by $1000, whereas yogurt results in decrease of profit c) both products, b/c revenue will increase by $9000 for milk, $6000 for yogurt d) both products, b/c profit for milk will be $1000 and profit for yogurt will be $1000
Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
Problem 12.58TI: What is the total effect on the economy of a government tax rebate of $500 to each household in...
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A dairy farm processed the following information about two products is produces;
Milk- Current sales value $8000, estimated added processing costs $2000, sales value if processed further $11000
Yogurt- Current sales value $12000, estimated added processing costs $7000 , sales value if processed further $18000
Which product should be processed further?
a) yogurt, b/c profits increase by $1000, which exceeds profits increased by milk
b) milk, b/c profits increase by $1000, whereas yogurt results in decrease of profit
c) both products, b/c revenue will increase by $9000 for milk, $6000 for yogurt
d) both products, b/c profit for milk will be $1000 and profit for yogurt will be $1000
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