Question
Suppose the firm has signed a contract to purchase 60 ounces of rubber. This contract must be honored. Furthermore, the rubber has a very short
Suppose the firm has signed a contract to purchase 60 ounces of rubber. This contract must be honored. Furthermore, the rubber has a very short shelf life if not used for production. That is, if the rubber is not used immediately, it will be wasted. Let 1 be the price of an ounce of rubber, and 2 be the price of an ounce of plastic. Suppose the firm wants to make 220 cell phone cases. The firm's cost of producing 220 cell phone cases equals 2201 if 1/2 _____ 4. Otherwise, the firm's cost of producing 220 cell phone cases equals
A. 220
B. 220[min{1,42}]
C. 601+6402
D. 220[min{1,24}]
E. 220(1+2)
plz answer asap correct
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