we produce more wheat than rice. We do not produce electronics.
Producers are motivated to increase supply primarily by the potential for higher profits. When market prices rise, the incentive to produce more becomes stronger, as producers can earn greater returns on their investments. Additionally, advancements in technology and production efficiency can lower costs, encouraging producers to expand their output. Lastly, favorable market conditions or changes in consumer demand can also drive producers to increase supply to capture new opportunities.
No, mosquitos don't produce anything (apart from more mosquitos)
Producers are only plants. Producers produce food. Some examples of producers are: Trees, bushes, fruits, vegetables and MUCH more!
yes but they don't have to worry because no one will produce more than they do
competitive market (A+)
Scarcity of availability causes producers to either charge higher prices or to produce more goods and services (like energy production, cars, paper, etc.)
When a producer has an absolute advantage, they can produce a good or service more efficiently and with fewer resources than other producers. This means they can produce more output in the same amount of time or produce the same output using fewer resources, giving them a competitive edge in the market.
Depends on what they produce. Phytoplankton are the largest producers of oxygen. Various forms of bacteria and some other life forms are the largest producers of methane. Fish as a whole are likely the largest producers of ammonia. The ocean is a complex biome, be more specific with your question.
firms have more of an incentive to increase output
producers
Photosynthesis is carried on by plants that produce oxygen.This process has replaced all oxygen that is in the atmosphere for more than 2 000 years.