Use the following to answer questions : 
-(Table: Crab and Cake Production in Chesapeake) Look at the table Crab and Cake Production in Chesapeake. The table shows the maximum annual output combinations of crabs and cakes. Given the scarce resources and limited technology, as Chesapeake uses more resources for the production of cakes, fewer resources are available to produce crabs. Can this nation produce 200 crabs and 500 cakes? Is this efficient? Explain.
Definitions:
R&D Process
The sequence of activities or steps that an organization follows to conceive, design, develop, and bring to market new products or services, often involving scientific research and technological development.
Decision Nodes
Points within a decision tree where the choice between different alternatives is made, leading to different outcomes or branches.
Decision Tree
A visual representation of the decision-making process, showing different possible outcomes based on a series of connected choices or events.
R&D Process
Stands for Research and Development Process, encompassing the activities companies undertake to innovate and introduce new products or services.
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