Question

Which of the following will be accomplished by assessing the factors of production?

ensuring economic profitability
understanding whether a product will fail
guaranteeing the fulfillment of needs and wants
replenishment of limited resources

Answer 1

I believe the answer is: c. guaranteeing the fulfillment of needs and wants

By assessing the factors of production, a company would be able to determine what type of product that they can make and how much product orders they are able to fill. Which means that they can reject consumer orders if it surpass their capacity and guaranteeing the fulfillment of needs and wants.

Answer 2

Which of the following will be accomplished by assessing the factors of production?

Answer: Out of all the options presented above the one that will be accomplished by assessing the factors of production is answer choice D) Replenishment of limited resources.

I hope it helps, Regards.