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Joy's Superwash Carwash can use two alternative methods of production. The FC and VC of each of these methods are shown below: Method 1 Method
Joy's Superwash Carwash can use two alternative methods of production. The FC and VC of each of these methods are shown below: Method 1 Method 2 Output FC VC FC VC 1 1 1 10 1 2 1 3 10 2 3 1 6 10 3 4 1 10 10 4 5 1 15 10 5 6 1 21 10 6 7 1 28 10 7 8 1 36 10 8 In the long-run Joy should choose: Group of answer choices To use production method 1 for all quantities of output. To use production method 1 if output is less than or equal to 4 units, and production method 2 if output is 5 units and above To use production method 2 if output is less than or equal to 4 units, and production method 1 if output is 5 units and above To use production method 1 if output is less than or equal to 5 units, and production method 2 if output is 7 units and above To use production method 2 for all quantities of output
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