Question

Some large hardware stores, such as Home Depot, boast of carrying as many as 20,000 different products in each store. This volume of goods is the result of a. The purchasing agents of Home Depot who have determined what goods producers have available. the purchasing agents of Home Depot who have b. Determined what goods consumers want. the choice of consumers regarding what to purchase to satisfy their wants and the choice of producers regarding c. What to produce to maximize profits. the choice of consumers regarding what to purchase to satisfy their wants and the choice of producers regarding what d. To produce to satisfy their wants.

Answer 1

Answer:

C. The choice of consumers regarding what to purchase to satisfy their wants and the choice of producers regarding what to produce to maximize profits.

Explanation:

The extremely large amount of products that large hardware stores, such as Office Depot, carry, are most likely a consequence of the combination of these factors. On the one hand, the customers who go to this stores have a particular want, and their purchases are intended to satisfy these wants. On the other hand, the producers also have to make a choice, and they generally chose the products that are most likely to maximize their profits.