Dan jacobs, production manager for greenlife, invested in computer-controlled production machinery last year. he purchased the machinery from superior design at a cost of $3,000,000. a representative from superior design has recently contacted dan because the company has designed an even more efficient piece of machinery. the new design would double the production output of the year-old machinery but would cost greenlife another $4,500,000. jacobs is afraid to bring this new equipment to the company president's attention because he convinced the president to invest $3,000,000 in the machinery last year. explain what is relevant and irrelevant to jacobs' dilemma. what should he do?

While cell phones with holographic keyboards are currently in the introduction stage of the industry life cycle, tablet computers are in the growth stage. in the context of this scenario, which of the following statements is true? a. the industry for cell phones with holographic keyboards will face greater competition than the tablet industry. b. while the industry for cell phones with holographic keyboards will focus more on product innovation, the tablet industry will focus more on process innovation. c. while the industry for cell phones with holographic keyboards can reap the benefits of economies of scale, the tablet industry will experience no such benefits. d. the industry for cell phones with holographic keyboards will face price competition, whereas, in the tablet industry, the mode of competition will be non-price.