Assume that you wish to decide what size of a production facility your company should build. you have good estimates of the probabilities for the different levels of demand that could occur. the revenue that would be realized from each of the proposed sizes of the production facility have also been developed under each level of demand. which of the following techniques could you use to select the best production facility size?

As more people migrated west during the gold rush, what do you think happened to the demand curve in most western markets, holding all else constant? a. there was no shift, nor any increase or decrease in quantity demanded. b. there was no shift, but there was a decrease in quantity demanded. c. the demand curve shifted to the left. d. the demand curve shifted to the right. e. there was no shift, but there was an increase in quantity demanded.