mack94
mack94 mack94
  • 10-10-2018
  • Business
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How would a manufacturer benefit by using fewer scarce resources

Respuesta :

thejavia thejavia
  • 10-10-2018

A manufacturer tries to benefit by using scarce resources in the following ways -  

Scarce resources will reduce the cost of production leading to maximum profits.  

Lesser cost of production will make it more budget friendly and popular among the customers.  

Because of better margins, business can invest in research and development to offer better quality products to its customers.


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