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Advising a New Bakery on Production Efficiency
A new bakery owner is deciding which oven technology to invest in to produce 1,000 loaves of bread per day. They have gathered data on four potential technologies. The owner mentions they are concerned about rising electricity prices but first wants to eliminate any technologically inefficient options before considering costs.
| Technology | Number of Bakers | Electricity (kWh) |
|---|---|---|
| A | 4 | 10 |
| B | 5 | 10 |
| C | 3 | 12 |
| D | 4 | 9 |
As an economic consultant, evaluate these options. Identify which technology (or technologies) should be immediately eliminated from consideration and provide a detailed justification for your recommendation, explaining the specific principle you are applying.
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