Question

When determining how much goods to produce, what is the firm's goal

Answer 1

Answer:

To Make Exactly the Amount Desired by Consumers

Explanation:

In an ideal market set up, producers make exactly the right amount to match the needs of consumers. This ensures no waste and optimal pricing.

Answer 2

Answer:

To make no more than what is going to be bought

Explanation:

Although it cannot be predicted, the best case scenario is always to have made the exact number of products that the consumers will want to pay for. When that is the case, the firm will waste no money with goods that will not be purchased nor will lose money by not having enough goods to sell for those who want it.