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Y_Kistochka [10]
3 years ago
12

Suppose your production costs increased. In one or two sentences, describe the effect of this increase on the quantity of goods

you supply.
History
2 answers:
Komok [63]3 years ago
8 0

Well since there is an increase in the amount of money you have to spend to produce the product. So it means that the production rate of said good would decrease in quantity.

chubhunter [2.5K]3 years ago
5 0

The increase in costs can result from internal factors such as low productivity or an increase in labor costs. It can also be reflected in external factors such as increased costs of raw materials, components, transportation or compliance with regulations. When it is reflected in the supply chain for an existing product, it forces a manufacturer to raise prices and lose the advantage of competitiveness or reduce the profit margin to maintain price levels.

There are certain factors that influence production. For example, energy costs and unexpected fluctuations in commodity prices are unforeseen obstacles that destabilize supply chains and make it difficult for manufacturers to have positive financial results.

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e Buddha ("the Enlightened or Awakened One") began to teach others these truths out of compassion for their suffering. The most important doctrines he taught included the Four Noble Truths and the Eight-Fold Path. His first Noble Truth is that life is suffering (dukkha). Life as we normally live it is full of the pleasures and pains of the body and mind; pleasures, he said, do not represent lasting happiness. They are inevitably tied in with suffering since we suffer from wanting them, wanting them to continue, and wanting pain to go so pleasure can come. The second Noble Truth is that suffering is caused by craving—for sense pleasures and for things to be as they are not. We refuse to accept life as it is. The third Noble Truth, however, states that suffering has an end, and the fourth offers the means to that end: the Eight-Fold Path and the Middle Way. If one follows this combined path he or she will attain Nirvana, an indescribable state of all-knowing lucid awareness in which there is only peace and joy. Hope this helps

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