Question

2 Points

Which of the following 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 figure out what consumers are willing to pay based
on what they buy
C. Producers can determine how best to reduce waste by knowing
what consumers don't buy.
O D. Producers can predict the effects of new technologies based on
the technologies used by consumers.
SUBMIT

Answer 1

Answer: D

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

Answer 2

C

Step-by-step explanation:

As unsold items end up being stale and get wasted , it is good for a business to avoid such as much as possible in order to maximize profit.

The customers buying pattern can easily reveal what they prefer to buy and what they do not buy . This can serve as a guide to the producer in what to sustain or increase producing and what to reduce or eliminate in the production line so as to maximally control the level of waste generated due to outdated or unsold stock.