Rihanna19Clark
Answered

At Westonci.ca, we connect you with experts who provide detailed answers to your most pressing questions. Start exploring now! Join our platform to connect with experts ready to provide accurate answers to your questions in various fields. Explore comprehensive solutions to your questions from knowledgeable professionals across various fields on our platform.

Select all the items that describe the role of a producer.

1. You want to charge a price that does not cover fixed costs.
2. You want to charge a price that covers variable costs.
3. You want to charge a price that earns profits.
4. You want to have a large market share.

Sagot :

Parrain

Answer:

2. You want to charge a price that covers variable costs.

3. You want to charge a price that earns profits.

4. You want to have a large market share.

Explanation:

Producers would like to charge a price that will enable them to cover their variable costs. A price lower than their variable costs will bring losses and a shutdown.

They would also like to charge a price that brings profits to them and their shareholders and this is the aim of doing business.

Producers would also like a large market share as this would mean more profit because more people would be buying their goods and services.

Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. We hope you found this helpful. Feel free to come back anytime for more accurate answers and updated information. Get the answers you need at Westonci.ca. Stay informed by returning for our latest expert advice.