Question

Which factors are considered when deciding how to make goods and services? Check all that apply. determining who has the greatest need finances of prospective buyers methods traditionally used to make a good ways to produce items at a lower cost or higher quality ways to make the biggest profit

Answer 1

Any human-made resource that is used to create other goods and/or services is  capital.Human capital is the skills and knowledge each worker brings to a job; physical capital is the tools and buildings needed to produce goods and services.

In order to make goods and services consumers communicate their preferences  through their expenditures and producers produce those goods and services consumers want. Producers must use their resources efficiently to produce the goods and services at costs consumers are willing to pay.  

In other words:

• Methods used to make a good ( to determine if there is a better way to do it).
• Ways to produce items at lower cost or higher quality (increasing efficiency).
• Ways to make bigger profits (looking for shareholders satisfaction).

Answer 2

The factors that are considered when deciding how to make goods and services are the following:

produce        goods           and              services. (X)

market           goods           and             services.

receive          goods           and              services.

distribute goods and services.

Further Explanation

Strategies generally used to make a product by comprising several approaches to create things at a lower cost or greater: In this way, it helps to improve the generation of the produce, which results in higher benefits to organizations.

Approaches to make the greatest benefit: This is accomplished by ensuring that each speculator or investor is content with the organization's exhibition.

Variables of creation, assets, or data sources are what is utilized in the generation procedure to deliver yield that is, done merchandise and ventures. They used measures of the different information sources to decide the amount of yield as indicated by the relationship called creative work. There are three essential assets or variables of creation: land, work, and capital. The elements are additionally much of the time marked "maker products or administrations" to recognize them from the merchandise or administrations obtained by purchasers, which are every now and again named "buyer merchandise".

Learn more:

1. Under the articles of confederation, if Virginia had ten thousand citizens and Delaware had five thousand citizens, how many votes would each state have in the legislature?

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2. Which statement accurately describes china after the civil war?

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Answer Details

Grade; Middle school

Subject; History

Topic; Production

Keywords

Strategies, purchaser, market, administration, merchandise, buyer, procedure, relationship, creation, element, benefit, land , capital.