anonymous
  • anonymous
Firms are motivated to minimize production costs because: it is the most environmentally friendly way to produce goods. least-cost production techniques use the smallest total quantity of resources. competitive pressures in the market will drive out higher-cost producers. the government provides tax credits and subsidies to low-cost producers.
OCW Scholar - Principles of Microeconomics
chestercat
  • chestercat
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anonymous
  • anonymous
competitive pressures in the market will drive out higher-cost producers. This option is right.
anonymous
  • anonymous
I read the chapter and notes a couple of times but could not find it. Thank You
anonymous
  • anonymous
YOUR MOST WELCOME........

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