Post Utme Crawford University 2024 Commerce Question 36

A company that specializes in producing high-quality, eco-friendly products is considering launching a new product line. The company has identified three potential products: a reusable water bottle, a set of bamboo toothbrushes, and a refillable coffee mug. Each product has a different production cost and market demand. The company wants to determine which product to launch first, considering the production costs and market demand. The production costs for each product are as follows: reusable water bottle (15), bamboo toothbrushes (5), and refillable coffee mug (10). The market demand for each product is as follows: reusable water bottle (100 units), bamboo toothbrushes (50 units), and refillable coffee mug (200 units).