Jim runs a plant that produces cosmetics and uses a flexible manufacturing production process, while his brother bill runs a plant that manufactures basic household appliances using a mass production system. the benefit jim's plant has over bill's plant is that jim's : a) can produce products with slight variations
b) produces goods according to individual customers' needs
c) produces a large quantity of goods quickly
d) is rigid and therefore significantly less expensive
e) stops or slows production down to customize small batches when customization is desired

Consider the labor market for heath care workers. because of the aging population in the united states, the output price for health care services has increased. holding all else equal, what effect does this have on the labor market for health care employees? a. the equilibrium wage increases and the equilibrium quantity of labor increases. b. the equilibrium wage increases and the equilibrium quantity of labor decreases. c. the equilibrium wage decreases and the equilibrium quantity of labor increases. d. the equilibrium wage decreases and the equilibrium quantity of labor decreases.