Question:

What motivates producers of individual products to make them and offer them for sale?

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Please answer in the form of economics!

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3 ANSWERS


  1. to make a profit.


  2. Money, which leads to s*x, which leads to kids which leads to spending money which leads to developing more products, thus negating existance.

  3. in a free market economy then the motive would be to earn a profit and maximize their revenue...

    however in a command or planned economy the government produicng goods and services with the motive of providing a service, they are not profit motivated and often continue producing goods and services that are loss making...

    but in a mixed economy the public sector would continue producing as provision of services but the private sector would be profit motivated.

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