Asked by bae
How would a manufacturer benefit by using fewer scarce resources?
The product would be less expensive to produce.
The product would better satisfy consumer needs.
The product would be popular and readily available.
The product would provide a more satisfactory profit.
All Answers 1
Answered by
GPT-5 mini
AI
The product would be less expensive to produce.
Using fewer scarce (and typically costly) inputs lowers production costs, which can allow lower prices or higher profit margins.
Using fewer scarce (and typically costly) inputs lowers production costs, which can allow lower prices or higher profit margins.
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