Assume that in a particular industry the minimum efficient scale of operations is​ 6,000 units of output. That​ is, the long run ​("Uminus ​shaped") average cost curve reflects a minimum efficient scale at​ 6,000 units of output. If that is the​ case, we would most likely expect that the industry would be A. an oligopoly if the fourminus firm concentration ratio is more than 10 percent. B. an oligopoly if the market quantity demanded is​ 18,000 units. C. perfectly competitive if the market quantity demanded is​ 20,000 units. D. monopolistically competitive if the market quantity demanded is​ 12,000 units.

Electronics assembly inc. is a contract manufacturer that assembles consumer electronics for a number of companies. currently, the operations manager is assessing the capacity requirements as input into a bid for a job to assemble cell phones for a major global company. the company would assemble three models of cell phones in the same assembly cell. setup time between the phones is negligible. electronics assembly inc. operates two 8-hour shifts for 275 days per year. cell phone demand forecast (phones/year) processing time (minutes/phone) mars 47,000 19.8 saturn 35,000 20.7 neptune 7,500 16.2 a. calculate total capacity required by line. b. determine the total operating time available. c. calculate the total number of assembly cells. (round up your answer to the next whole number.)

Which completes the equation? o + a + consideration (+ = k legal capacity legal capability legal injunction legal corporation

You are considering the purchase of one of two machines used in your manufacturing plant. machine 1 has a life of two years, costs $20,000 initially, and then $4,000 per year in maintenance costs. machine 2 costs $25,000 initially, has a life of three years, and requires $3,500 in annual maintenance costs. either machine must be replaced at the end of its life with an equivalent machine. using eac which is the better machine for the firm