Use the Table Below to Answer the Following Questions

question 104

Multiple Choice

Use the table below to answer the following questions.
Table 10.2.2
Three methods of making one medical hologram

-Refer to Table 10.2.2. If the price of labour is $20 per unit and the price of capital is $10 per unit, which method is economically efficient?

• A)1 only
• B)2 only
• C)3 only
• D)2 and 3 only
• E)1 and 3 only

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Definitions:

Carrying Costs

Expenses incurred by holding inventory over a period, including storage costs, insurance, and opportunity costs.

Credit Policy Effects

The impact of a company's credit policy on its operations, including effects on sales volume, customer relationships, and cash flow.

Cost Factor

A multiplier or rate that helps in estimating the cost of a project, task, or operation based on certain parameters or variables.