Yetmar Corporation Produces Two Products, Pots and Pans If a Maximum of 7,000 Units of Each Product Can

question 97

Multiple Choice

Yetmar Corporation produces two products, Pots and Pans.The following information is available for these two products: $\begin{array}{lrr}&\text { Pots }&\text { Pans }\\\text { Selling price per unit } & \$ 25.00 & \$ 15.00 \\\text { Variable cost per unit } & 12.00 & 9.00 \\& & \\\text { Total fixed costs } & \$ 15,000 & \\\text { Total production capacity } &{10,000} & \text { units }\end{array}$ If a maximum of 7,000 units of each product can be sold, it would be best to _____.

• A)produce 7,000 units of Pots and 3,000 units of Pans to maximize profits
• B)produce only 3,000 units of Pots and 7,000 units of Pans to maximize profits
• C)produce 5,000 units of both Pots and Pans
• D)discontinue the production of both Pots and Pans

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Definitions:

Autonomy

The capacity to make an informed, uncoerced decision; independence in one's thoughts and actions.

Parent-Child Conflict

Disagreements or disputes between a parent and child, often arising from differences in opinions, desires, values, or attitudes.

Early Adolescence

A development phase marking the transition from childhood to adolescence, typically occurring between ages 10 and 14.

Emerging Adulthood

is a phase of the human life span, occurring roughly from the late teens through the twenties, marked by exploration and self-discovery.