Ask Question
11 June, 21:45

If a business is losing money on the goods it is producing, this indicates that

A. the business is producing the goods at the lowest possible cost.

B. the resources used to produce the goods are too expensive and need to be subsidized in order to be used productively.

C. the resources would be used more productively producing other things.

D. the consumer values the goods highly relative to costs

+1
Answers (1)
  1. 11 June, 21:57
    0
    Answer: If a business is losing money on the goods it is producing, this indicates that the resources used to produce the goods are too expensive and need to be subsidized in order to be used productively.

    Explanation: To earn money, a business must have costs under revenues if not will loose money. It has to spend less to earn money trying to lower cost working on cheaper materials, cheaper workmonship o reducing fixed costs suchs as rent.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “If a business is losing money on the goods it is producing, this indicates that A. the business is producing the goods at the lowest ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers