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People decide what to produce based on factors such as consumer demand, resource availability, and market trends. They analyze preferences and needs of their target audience, as well as potential profitability and competition. Additionally, considerations like production costs, technology, and regulatory requirements play crucial roles in the decision-making process. Ultimately, the goal is to create goods or services that fulfill market needs while ensuring economic viability.
What else can I help you with?
What type of economy is it when people decide what to produce how much of it to produce and how much to charge for the product?
Free/market economy
Which type of economy does the government decide what to produce how to produce and for whom to produce?
Controlled.
When trying to decide what to produce businesses will look at the demand for their goods.?
When trying to decide what to produce, businesses will look at the demand for their goods.
What commodities are produce how are goods produce and for whom are goods produce?
they let the customers and citizens decide.
In Which type of economy does the government decide what to produce how to produce and for whom to produce?
Controlled.
What type of economy is it when people decide what to produce how much of it to produce and how much to charge for the product?
Free/market economy
What is a system that sets rules for how people decide what goods and services to produce and how they are exchanged?
Econcomic System
Which type of economy does the government decide what to produce how to produce and for whom to produce?
Controlled.
What type of economy does the government decide what to produce and how to produce and for whom to produce?
Controlled.
What type of economy does the government decide what to produce how to produce and for whom to produce?
Controlled.
When trying to decide what to produce businesses will look at the demand for their goods.?
When trying to decide what to produce, businesses will look at the demand for their goods.
When trying to decide what to produce business will look at the demand for their goods.?
When trying to decide what to produce, businesses will look at the demand for their goods.
What commodities are produce how are goods produce and for whom are goods produce?
they let the customers and citizens decide.
In Which type of economy does the government decide what to produce how to produce and for whom to produce?
Controlled.
What a firm knows what it should produce what must it then decide?
how it will produce the goods or services
Once a firm knows what it should produce what should it decide?
how it will produce the goods or services
Once a firm knows what it should produce what must it then decide?
how it will produce the goods or services
