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Consider a firm that produces glass. Glass production involves melting sand, soda ash, and limestone at a very high temperature. Consider the following factors that
Consider a firm that produces glass. Glass production involves melting sand, soda ash, and limestone at a very high temperature. Consider the following factors that a glass manufacturer faces, and determine whether each represents a technological constraint market constraint: Items (7 items) (Drag and drop into the appropriate area below) No more items Categories Market constraint Technology constraint Hourly wage of workers in the Maximum amount of output per industry hour that can be produced The number of buyers in the Cost per pound of sand market The number of other firms selling Cost per pound of limestoneCategories Market constraint X Technology constraint X Hourly wage of workers in the Maximum amount of output per industry hour that can be produced The number of buyers in the Cost per pound of sand market The number of other firms selling Cost per pound of limestone similar products Cost per hour of keeping the furnace at the required temperature
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