Economy, asked by virendrasaxena20, 9 months ago

how can the producer minimise the cost of production

Answers

Answered by satyajit28

Answer:

producers to determine what mix of labor and capital produces output at the lowest cost. In other words, what the most cost-effective method of delivering goods and services would be while maintaining a desired level of quality.

Answered by ayanofficial10

Answer:

Explanation:

Reduce Material Cost. ...

Increase Workers' Efficiency. ...

Control Manufacturing Overheads. ...

Diligently Choose Raw Material Suppliers. ...

Eliminate Non-Value-Adding Processes. ...

Leverage Automation. ...

Optimize The Production Output Level. ...

Reduce Waste.

Previous Question

Next Question

Similar questions

Math, 5 months ago

3) Find the product using suitable properties. 17 x (90 - 12)...

English, 5 months ago

i think asoka was the ____(mighty)king of all...

Social Sciences, 5 months ago

10. How have the Eskimos adopted modern lifestyles?

English, 9 months ago

she always abouse me in passive...

Physics, 9 months ago

An application of Bernoulli's equation for fluid flow found in...

English, 11 months ago

"Tommy looked at her with very superior eyes" the word very in the sentence above is used as noun, adjective or adverb...

Social Sciences, 11 months ago

classification of occurrence.

History, 11 months ago

The British Crown had prevented colonists from appointing their own judges. This issue was addressed in the U.S. Constitution by creating __________.

how can the producer minimise the cost of production​

Answers

how can the producer minimise the cost of production