Answer:
Can you pls tell the question by writing because it shows pdf and then I the question does not shows.
Pls write answers on comments then I think I can help
Um well that is uh very confusing so idk yea sry I couldn't help
Answer:
1. Income determines who will get what is produced
2. Consumers decide what to produce by what they are willing to buy
3. Demand determines how much will be produced
4. Businessmen decide how to produce goods to make a profit
5. Producers the human resources that make the products or perform the services
Explanation:
1. Income determines who will get what is produced
The level of disposable income in a target market determines the quality and quantity of products that will channeled to that market.
2. Consumers decide what to produce by what they are willing to buy.
It is consumers that dictates the tune in market because they are the ones paying for the goods, they have the decision-making power on what they will buy which in turn determines what firms will roduce.
3. Demand determines how much will be produced. Demand is a measure of what consumers are willing buy and in what quantity. The size of demand determines the size of the market that firms are going to supply with their products.
4. Businessmen decide how to produce goods to make a profit.
Firms use the generic strategy of cost reduction (cost leadership) or quality improvement (Product differentiation) as strategic options to decide wihich alternative will yeild more revenue.
5. Producers the human resources that make the products or perform the services.
Producers are the people at the factory floor or service centers manufacturing the good or rendering the service.
Answer:
that it is wrong.
Explanation:
Murder has been the worst crime for as long and anyone can remember. To put it in other words, shortening someone's life. Something worst that shortening someone's life, is preventing it at all. You can believe that a living person isn't alive till they're out of the body, but from my "veiw" they are.
If the returns are constant to scale, the output increases by the same as the increase in inputs, therefore, it would double.