The table below contains information on three techniques for producing $15 worth of bar soap. Assume $20.00 worth of bar soap means the selling price of soap is $4.00 per bar and all three techniques produce 5 bars of soap ($20.00 = $4.00 per bar 5 bars). So you know each technique produces 5 bars of soap. same table

a. What technique will you want to use if the price of a bar of soap falls to $3.75? (Click to select)Technique 1Technique 2Technique 3.

What if the price of a bar of soap rises to $5.00? (Click to select)Technique 1Technique 2Technique 3.

What if the price of a bar of soap rises to $6.00? (Click to select)Technique 1Technique 2Technique 3.

b. How many bars of soap will you want to produce if the price of a bar of soap falls to $1.90?

	Zero: It is not profitable to produce bars of soap at this selling price
	Five: It is profitable to produce bars of soap at this selling price

. c. Suppose that the price of soap is again $4.00 per bar but that the cost of all four resources are now $1.4 per unit. Which is now the least-profitable technique? (Click to select)Technique 1Technique 2Technique 3.

d. If the resource prices return to their original levels (the ones shown in the table), but a new technique is invented that can produce 2.25 bars of soap using 1 unit of each of the four resources, will firms prefer the new technique?