Business
Business, 13.03.2020 00:44, issagirl23

Last week, "Dreamz" baby products company produced 55 cribs and 250 crib mattresses. This week, they produced 40 cribs and 400 mattresses and thought this combination was more suitable to their business.
If both production levels lie on the company's PPF and production possibilities have not changed over the last two weeks, then we can assume that:

A. The production during last week was inside the company's PPF and therefore, inefficient.
B. The current level of production level represents an efficient combination whereas last week's production level represents an inefficient combination.
C. The company was making losses during the last week and profits during the current week.
D. The company made a trade-off in production to better adapt to their business performance.

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Answers: 2

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Last week, "Dreamz" baby products company produced 55 cribs and 250 crib mattresses. This week, they...

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