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A company needs 8,600 hours of processing time during the course of its operations.One machine offers a processing time of 2,400 hours.In this case,______.
Industry Demand
The total demand for products or services within a particular industry or sector.
Equilibrium Price
The price at which the quantity of a good or service demanded by consumers equals the quantity supplied by producers, leading to a state of market balance.
Number of Firms
It refers to the total count of enterprises operating within a certain market or industry.
Industry
A sector of the economy that produces a related set of goods or services.
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