Question

Question 4 (10 points)

The ABC Company executives decide that they will begin to produce more gidgets
than gadgets. They previously had been producing 500,000 gadgets per year and
only 300,000 gidgets. Yet they noticed that at the end of the year, there were still
100,000 gadgets left on the shelves and no gidgets.
a. In an answer of at least one paragraph, explain why the company would want to
produce more gidgets based on this market data.
b. In an answer of at least one paragraph, explain why the ABC Company's decision
involves a trade-off and identify what the trade-off is.

Answer 1

The company has 100000 gadgets left in the stock and no gidgets

Step-by-step explanation:

The ABC Company executives decide that they will begin to produce more gidgets only 300,000 gidgets. Yet they noticed that at the end of the year, there were still

Answer 2

A. In an answer of at least one paragraph, explain why the company would want to produce more gidgets based on this market data.

Step-by-step explanation:

The company has 100000 gadgets left in the stock and no gidgets