Miro- econ on Market Structure // pls help As a consumer, which of the four market structures would you like to see in the majority of markets?
What characteristics does this specific structure have over the others that makes you like it so much?
Now think like a producer, which of the four market structures would you like to see in the majority of markets?
What characteristics does this specific structure have over the others that makes you like it so much?

Aproduction line has three machines a, b, and c, with reliabilities of .96, .86, and .85, respectively. the machines are arranged so that if one breaks down, the others must shut down. engineers are weighing two alternative designs for increasing the line’s reliability. plan 1 involves adding an identical backup line, and plan 2 involves providing a backup for each machine. in either case, three machines (a, b, and c) would be used with reliabilities equal to the original three. a. compute overall system reliability under plan 1. (round your intermediate calculations and final answer to 4 decimal places.) reliability b. compute overall system reliability under plan 2. (round your intermediate calculations and final answer to 4 decimal places.) reliability c. which plan will provide the higher reliability? plan2plan1