Respuesta :
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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