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4 votes
Which best explains how consumers' purchases influence the decisions of

producers?

A. Producers can judge whether they have an efficient production process based on
what consumers buy.

B. Producers can predict the effects of new technologies based on the technologies
used by consumers.

C. Producers can determine how best to reduce waste by knowing what consumers
don't buy.

D. Producers can figure out what consumers are willing to pay based on what they
buy.

I keep going by C or D

User Esabe
by
6.1k points

2 Answers

6 votes
D. Producers can figure out what consumers are willing to pay based on what they buy.

Consumer purchases provide valuable feedback to producers on what products and services are in demand and what price points consumers are willing to pay. By analyzing consumer behavior and preferences, producers can make informed decisions about what products to offer, how much to produce, and at what price to sell them. This information helps producers optimize their production processes, reduce waste, and improve profitability. Therefore, option D is the best explanation for how consumers' purchases influence the decisions of producers.
User Murli
by
7.4k points
4 votes

Answer:

D

Step-by-step explanation:

User Lockyer
by
7.3k points