Concept explainers
Whether the item should be produced or not.
Answer to Problem 46PPE
No
Explanation of Solution
Given:
Production and distribution cost is more than its value.
Calculation:
As the cost of producing and distributing of the item is more than100% of its value, then there is no profit in making such kind of items. The percentage difference between the price of item and the selling price leads to loss. Therefore, it is not recommended to produce such items.
Chapter 2 Solutions
High School Math 2011 Algebra 1 Student Companion Grade 8/9
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