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grin007 [14]
2 years ago
7

When manufacturers such as pampered chef sell directly to consumers, they perform both production and retailing activities?

Business
1 answer:
jekas [21]2 years ago
8 0
That statements is true

Manufacturer is a type of business that transform raw materials into a sellable goods, so technically they can be considered as a producer in the market.
Retailers is someone that sell the goods that produced by the manufacturers to the consumers.

So, in this case, they did perform both production and retailing activities
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an economy produces 2,400 units of output, employing 60 units of input, and the price of the input is $30 per unit. the level of productivity in this economy is 40

<h3>What is productivity?</h3>
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