31-05-2024
History

Answered

22:03
Which best describes the role the availability of resources plays when a company is considering whether to produce
a certain good?
Resources can always be obtained, no matter what the cost.
If a resource is difficult to obtain, production costs will be high.
Resources play no part in a company's decision to produce a good.
If a resource is easy to obtain, production costs will be high.

Answer :

GinnyAnswer GinnyAnswer

31-05-2024

Final answer:

Resources play a significant role in a company's production decisions, impacting costs based on availability.

Explanation:

Resources are crucial in a company's decision-making process when considering production of a good. If a resource is difficult to obtain, production costs will be high due to scarcity and increased competition for that resource. Conversely, if a resource is easy to obtain, production costs may still be high if demand surpasses supply, causing prices to rise.

Learn more about Resource Allocation here:

https://brainly.com/question/34935128

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