The market forces such as demand, supply, competitive pricing and so on fail to incentivize the reduction of which cost?
In a free market, market forces include demand, supply, competitive pricing, and so on. These forces do not incentivize a reduction of ___________
costs.
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the market forces HSD multiply competitive pricing and Sony Pal to the industry production of waste product in the free management
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The answer is production cost.
These forces do not incentivize a reduction of production
costs. Production cost is the cost that is incurred by the business during the time of the manufacture of the goods and is also know as cost of production and it can either be direct or indirect costs.
Example of direct cost is the material used in production of the goods. rent of the place is indirect cost.
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