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Intermediate Algebra
19th Edition
ISBN: 9780998625720
Author: Lynn Marecek
Publisher: OpenStax College
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A dairy farm processed the following information about two products is produces;
Milk- Current sales value $8000, estimated added processing costs $2000, sales value if processed further $11000
Yogurt- Current sales value $12000, estimated added processing costs $7000 , sales value if processed further $18000
Which product should be processed further?
a) yogurt, b/c profits increase by $1000, which exceeds profits increased by milk
b) milk, b/c profits increase by $1000, whereas yogurt results in decrease of profit
c) both products, b/c revenue will increase by $9000 for milk, $6000 for yogurt
d) both products, b/c profit for milk will be $1000 and profit for yogurt will be $1000
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