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Choosing Production Technologies
A manufacturing firm is evaluating four different technologies to produce a standard widget. The table below shows the required inputs (Labor hours and Machine hours) for each. Match each technology on the left with its correct description on the right based on the principle of eliminating clearly inferior options.
Technology | Labor Hours | Machine Hours |
---|---|---|
A | 3 | 7 |
B | 4 | 8 |
C | 6 | 4 |
D | 3 | 9 |
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