All firms in an industry are price takers: select one:
a. each firm can sell at the price it wants to charge, provided it is not too different from the prices other firms are charging.
b. the market sets the price, and each firm can take it or leave it by setting a different price.
c. each firm takes the market price as given for its output level, recognizing that the price will change if it alters its output significantly.
d. an individual firm cannot alter the market price even if it doubles its output.

Galwaysc electronics makes two products. model a requires component a and component c. model b requires component b and component c. new versions of both models are released each year with updated versions of all components. all components are sourced overseas, and abc contracts annually for a quantity of each component before seeing that year’s demand. components are only assembled into finished products once demand for each model is known. for the coming year, alwaysc’s purchasing manner has proposed ordering 500,000 units of component a, 630,000 of component b, and 1,000,000 units of component c. her boss has asked why she has recommended purchasing so much of components a and b when alwaysc will not have enough of component c to fully use all of the inventory of a and b. what factors might the purchasing manager cite to explain her recommended order? explain your reasoning.

142"what is the value of n? soefon11402bebe99918+19: 00esseeshop60-990 0esle

12. to produce a textured purée, you would use a/an a. food processor. b. wide-mesh sieve. c. immersion blender d. food mill.