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-In the Figure Above, If 4 Million Computers Are Produced

question 349

Multiple Choice

  -In the figure above, if 4 million computers are produced per year then the ________ should be produced to achieve the allocatively efficient use of resources. A)  marginal cost of a computer exceeds the marginal benefit of a computer, so more computers B)  marginal cost of a computer exceeds the marginal benefit of a computer, so fewer computers C)  marginal benefit of a computer exceeds the marginal cost of a computer, so more computers D)  marginal benefit of a computer exceeds the marginal cost of a computer, so fewer computers
-In the figure above, if 4 million computers are produced per year then the ________ should be produced to achieve the allocatively efficient use of resources.


Definitions:

Reorder Period

The time interval between placing orders for inventory replenishment to ensure consistent supply without incurring stockouts or excessive holding costs.

Safety Stock

Inventory kept on hand to protect against fluctuations in demand or supply, ensuring that there are sufficient units available to meet customer needs.

Reorder Period

The time interval between placing orders for supplies or inventory to replenish stock.

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