Amari opens a denim business to produce one type of clothing-jeans, skirts, or jackets. Amari hires Diallo, an economics graduate, to advise on the production decision. How does Diallo advise Amari?
Diallo advises Amari by

Question

Amari opens a denim business to produce one type of clothing-jeans, skirts, or jackets. Amari hires Diallo, an economics graduate, to advise on the production decision. How does Diallo advise Amari? 
 Diallo advises Amari by

Answer

comparing marginal benefit and marginal cost of each item and finding the best use of the available resources.

Answer

using a model to predict the most preferred item among his potential clients.

Answer

using a model to predict the item that has the lowest cost.

Answer

comparing marginal benefit and marginal cost of each item and finding the best use of the resources he can afford.

Answer

using a model to predict the item that creates the greatest revenue.

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Amari opens a denim business to produce one type of clothing-jeans, skirts, or j...

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