Which factors are considered when deciding how to make goods and services? check all that apply.

Asked by wiki @ 29/10/2020 in History viewed by 427 People

Which factors are considered when deciding how to make goods and services? Check all that apply. determining who has the greatest need finances of prospective buyers methods traditionally used to make a good ways to produce items at a lower cost or higher quality ways to make the biggest profit

Answered by wiki @ 29/10/2020

Goods and services are manufactured to satisfy the needs of potential consumers (the demand-side of the market). The different decisions made by the producers (the supply-side of the market), to define how to undertake the manufacturing process, are the following:

To produce items at a lower cost or higher quality ways to make the biggest profit. There are two ways of becoming the most attractive supplier to consumers in a market: either offering goods at the lowest cost or, even tough the goods are a bit expensive, making consumers appreciate them because of their outstanding quality.
Methods traditionally used to make a good. Of course the producer needs to consider the production methods available, traditional ones, and also innovative, as this latter ones will allow him to differentiate his output from the one of his competitors (by obtaining products with either best prices or best quality).

Write two paragraphs to compare and contrast the narrators’ schools and explain how their schools shape their perspectives toward the hijab. cite evidence from the text to support your ideas.

Asked by evette57 @ 13/09/2022 in History viewed by 1663 persons

Which factors are considered when deciding how to make goods and services? check all that apply.

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