consider an entrepreneur who sells jewelry for $50 per piece. clustering with similar entrepreneurs would increase labor costs but it would allow some of the intermediate materials to be made at a larger scale. what would we expect the equilibrium cluster size to be brief explain why the equilibrium cluser size wouldn't be smaller than your answer

What is a sort of auction for stocks in which traders verbally submit their offers?

M. cotteleer electronics supplies microcomputer circuitry to a company that incorporates microprocessors into refrigerators and other home appliances. one of the components has an annual demand of 235 units, and this is constant throughout the year. carrying cost is estimated to be $1.25 per unit per year, and the ordering (setup) cost is $21 per order. a) to minimize cost, how many units should be ordered each time an order is placed? b) how many orders per year are needed with the optimal policy? c) what is the average inventory if costs are minimized? d) suppose that the ordering cost is not $21, and cotteleer has been ordering 125 units each time an order is placed. for this order policy (of q = 125) to be optimal, determine what the ordering cost would have to be.

Which of the following has the largest impact on opportunity cost