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A bicycle manufacturer with an output of 25,000 high-quality bikes per month requires 50,000 tires on the last Thursday of the month to meet their efficiency standards.
a. If the firm wants to continue specializing in what it does best, namely, making bicycles, what two means of obtaining the tires exists to the firm?
b. Which one would you prefer and why? (be sure to adopt and make your assumptions explicit
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