An imprest petty cash fund of $600 was established for minor disbursements. At the end of the month, the fund included petty c
1 answer:
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Answer:
We would choose this new production technique.
Explanation:
In this question, we have to analyze and compare all production technique costs and choose which one is lower to maximize profit thus confirming or denying the affirmation. After calculating all the costs associated with this new technique, we find that this technique would be adopted because it would lower the total production costs to $28 and thus would increase the total economic profit.
