Question

Suppose you manufactured a product that require a scare natural resource that was rising in cost. Describe how increased productivity might help you avoid passing on rising cost to your consumers in the form of higher prices.
help!!

Answer 1

Answer:

To produce as much of this product as fast as possible is taking advantage of the lower prices now (rather than waiting until later). Because it took less money for you to make it now, you should be able to sell it for a lower price.

Explanation:

Hi Melanie, so I think this should be the right answer but I'm not 100% sure. Good luck!