Which factors must a producer consider when deciding what good to supply? Check all that apply. the appeal of the good to family members the elasticity of a good being supplied competition within the market the ability to produce the good efficiently the ability to produce a good of low quality

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Answer:

~the elasticity of a good being supplied

~competition within the market

~the ability to produce the good efficiently

Explanation:

didnt mean to put it in the ask tab, anyways hope this helps

Factors that are needed to be considered by producer when deciding on the kind of  good to supply are:

the elasticity of a good being supplied.

Competition within the market.

The ability to produce the good efficiently

  • Before a producer can supply a good, then he needs do his research about the market by considering some factors.

  • The  is one of the main factor to be considered  is Competition because when there so much Competition the sales might not be so high.

  • Efficient production if the goods, because there are many competitors, then how are you going to stand out?

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