Government planners
In a command economy, government committees or economic planners, political officials and production expers designate production levels and the factories which will produce them. This works on apex too soooooooo your welcoome
The company that wants the production tells the producer how much to produce. For example, if someone wants 100 apples, they will request that much from the producer.
Government planners In a command economy, government committees or economic planners, political officials and production expers designate production levels and the factories which will produce them. This works on apex too soooooooo your welcoome
Government planners In a command economy, government committees or economic planners, political officials and production expers designate production levels and the factories which will produce them. This works on apex too soooooooo your welcoome
a command economy.
The company that wants the production tells the producer how much to produce. For example, if someone wants 100 apples, they will request that much from the producer.
Producers are only plants. Producers produce food. Some examples of producers are: Trees, bushes, fruits, vegetables and MUCH more!
because producers only produce. they cant eat. if no one eats what they produce, they will start to die because of too much produced energy. gradually, they all die
If there is too much of something, then the price will be too low to produce it. There has to be scarcity to make it worthwhile for both parties. a+ Producers
Producers are primarily guided by consumer demand, which reflects the preferences and purchasing power of the market. Market research, sales data, and trends inform producers about what products are desired and in what quantities. Additionally, factors such as competition, economic conditions, and regulatory requirements also influence production decisions. In some cases, government policies or industry standards may dictate certain production levels or practices.
three economic questions what to produce how (much) to produce who gets the goods Answer: Command economy.
Producers would know what to produce by seeing what the demand is for certain products. This is done through surveys about people's personal preferences, among other methods. Producers would also know how much to produce by the current demand in the market for a good already in production.
Consumers give off demand for goods and services that producers need to know in order to decide what to produce and how much. This information helps producers allocate resources efficiently and meet consumer needs effectively.