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Bertha's Bakery bakes fresh bread every morning. Any bread not sold by the end of the day is thrown away. A loaf of bread costs
Bertha's Bakery bakes fresh bread every morning. Any bread not sold by the end of the day is thrown away. A loaf of bread costs Bertha's Bakery $ to produce, and the bakery prices loaves of bread at $ per loaf. Suppose near the end of one day Bertha's Bakery still has loaves of bread on hand. Which of the following is correct? Bertha's Bakery should
Select one:
a only sell the remaining bread for $ per loaf since that is the regular price
b only sell the remaining bread for $ per loaf or more since that is what the bread costs to make
c be willing to sell the remaining bread for any price above $ per loaf since the bakery will have to throw it away if the bakery does not sell it for something.
d just throw the bread away and change the price of bread starting tomorrow to make sure the bakery sells all of their bread each day.
e immediately stop selling bread and close the bakery since they did such a poor job of forecasting the number of loaves that the bakery would sell.
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