Economy, asked by Mridul9290, 1 year ago

Producers can create their maximum combination of goods, as long as they

Answers

Answered by Answers4u
1

Producers can create maximum combination of goods and services as long as they Properly Allocate Resources.   It must be according to consumer's desires, generate profits so that efforts of workers and time spent in production does not go waste.   Proper allocation of resources like land, labour, capital and entrepreneurship will increase the chances of producing maximum combination of goods and services.

Answered by Arslankincsem
1

Producers can produce their maximum combination of goods, as long as they have a good idea of customers' needs and wishes.


If the producers have good communication with customers, they will be able to know all the needs of customers, and then they can customize their goods or products.


It will be a significant advantage in serving resources because there will not be a waste of resources if the producers know the desires.


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