At-shirt supplier is willing to sell her shirts for $5 each, but she is able to negotiate a distribution deal at $7 each. the extra $2 that she made beyond the $5 she was willing to sell her t-shirts for represents  a.  allocative efficiency.      b.  productive efficiency.      c.  consumer surplus.      d.  producer surplus.

Suppose the number of firms you compete with has recently increased. you estimated that as a result of the increased competition, the demand elasticity has increased from –2 to –3 (i.e., you face more elastic demand). you are currently charging $10 for your product. what is the price that you should charge if demand elasticity is -3?

The revenues of a company increased by 39% in year one and decreased 22% in year two. what is the overall change over the two-year period?

Assume that (i) setups need to be completed first; (ii) a setup can only start once the batch has arrived at the resource, and (iii) all flow units of a batch need to be processed at a resource before any of the units of the batch can be moved to the next resource. process step 1 molding 2 painting 3 dressing setup time 15 min. 30 min. no setup processing time 0.25 min./unit 0.15 min./unit 0.30 min./unit which batch size would minimize inventory without decreasing the process capacity?