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Wadgets are $4 each and Wudgets are $6 each. The sixth Wadget provides you MU = 30, and the sixth Wudget provides you MU =
Wadgets are $4 each and Wudgets are $6 each. The sixth Wadget provides you MU = 30, and the sixth Wudget provides you MU = 33. Determine whether this is an optimal mix; if not, which product should you choose more and which should you discard?
Question 7Select one:
a.
It is not an optimal mix; we should buy more Wadgets and discard Wudgets.
b.
It is not an optimal mix; we should discard both Wadgets and discard Wudgets.
c.
It is not an optimal mix; we should buy more Wudgets and discard Wadgets.
d.
Yes, it is an optimal mix of Wadgets and Wudgets.
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