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What encourages producers to switch production from unpopular products to popular ones?
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What will most efficiently provide products?
A market economy with many producers
The products and services that are worth money and are provided by producers are referred to as which of these?
economic value (A+ answer)
How many products can be shown on a single production possibilities graph?
Only two products can be shown on a single production possibilities graph
What are types of production based utility?
According to my business 100 class they are Time utility: Production makes products available when consumers want them. Place utility: Production makes products available where they are convenient for consumers Ownership (possession) utility: Production makes products available for consumers to own and use. Form utility: By turning raw materials into finished goods, production makes products available in the first place.
Why agriculture products prices are high?
for profit maximization,because cost of production of products is costly therefore price is high to cover the cost of production
In a market economic what encourages firm to develop new products and production processes?
patents
in production what is open source?
in production open source is commonly used to describe a philosophy that encourages free redistribution or reuse and access to an old products design
What do producers product?
Products
What Similarities consumer production theory?
Consumers require the products of producers (e.g. oxygen, carbohydrates) and contribute the chemical elements of carbon dioxide and water, which are required for photosynthesis by producers.
Are grains producers consumers or decomposers?
Grains are the by products of plants and are considered to be producers as are all plants.
What will most efficiently provide products?
A market economy with many producers
What about genres make them attractive to producers?
Genres allow producers to market products more effectively at target demographics.
Why are genres so helpful to producers?
Genres help producers market products more effectively at target demographics.
What will efficiently provide products?
A market economy with many producers
The advantage of only assembling your products and not making them yourself?
Lower tooling costs, flexibility of choosing the producers with the quality/price you require, ability to spread production over several areas and be less sensitive to variations.
The making of products?
production
What kind of music encourages spending?
The type of music that mostly encourages spending is Hip Hop. It is sometimes used for marketing certain products throughout the world.
