Amanufacturing company furnishes the following data for one of its manufacturing cells. maximum units produced in a quarter (3-month period): 250,000 units and time available in a quarter is 50,000 hours. but only 180,000 units were actually manufactured. calculate the theoretical cycle time (in minutes) and theoretical velocity in units per hour.
a. 20 minutes per unit, 10 units per hour
b. 12 minutes per unit, 5 units per hour
c. 15 minutes per unit, 7 units per hour
d. 24 minutes per unit, 12 units per hour.

answer; i believe the answer is 40,600,000;

y=mx+b is the right slope of velocity carry the 4 over

answerblank(1) negatively.blank(2); rises; blank(3) falls;

answer: in the short-run firms will respond by raising the price of turkey.

explanation: initially the long-run equilibrium is at a price of $5 per pound of turkey and a quantity of 50 million pounds per year. now, when webmd claims that a protein found in turkey will increase your expected lifespan by 4 years. the consumers demand for turkey will increase at every price shifting the demand curve to the right from d1 to d2. while, there will be no change in the supply curve in the short-run as it is not possible for producers to adjust supply so quickly. as a result the new equilibrium will occur at a higher price and a higher quantity of turkey.

thus, in the short run firms will respond by increasing the price of turkey, selling more quantity at a higher price and earning economic profits.