Fred and Ed Each Have a Bag of Candy Containing

question 54

Multiple Choice

Fred and Ed each have a bag of candy containing a lemon drop (LD) , a cherry drop(CD) , and a lollipop (LP) . Each takes out a piece from their own bag and eats it. What are the possible pairs of candies eaten?

• A) LD-CD, LD-CD, LD-CD, LD-LP, LD-LP, LD-LP, CD-LP, CD-LP, CD-LP
• B) CD-LD, LD-LP, LP-CD, LP-LP, LD-LD
• C) LD-LD, CD-LD, LP-LP, LD-LP, CD-CD, LD-LP, LP-CD, CD-LD, LP-LD
• D) LD-LD, CD-LD, LP-LP, LD-CD, CD-CD, LD-LP, LP-CD, CD-LP, LP-LD

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Definitions:

Producing Units

Entities within an organization responsible for the creation of products or services.

Corn

A cereal plant that yields large kernels set in rows on a cob; an important crop for food, animal feed, and industrial products.

Bushel

A unit of volume used primarily in the United States for measuring agricultural commodities, equivalent to approximately 35.24 liters.

Marginal Costs

The additional cost incurred in producing one more unit of a good or service, critical in decision-making regarding production volumes.