You are a producer who is hoping to create a specific good.

Based on what you have learned about resources and scarcity, what factors do you need to consider when producing this good?

Give your answer in the form of three to four complete sentences.

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Ray Osborne

28 September, 13:24

You are a producer who is hoping to create a specific good.

Based on what you have learned about resources and scarcity, what factors do you need to consider when producing this good?

Give your answer in the form of three to four complete sentences.

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Answers (1)

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Mohamed Parsons · Answer 1

A producer can include someone involved in the mining industry. Some of the factors to be considered before production starts are what are the grade and tonnage say of the metals involved? Also, the geometry of the deposit is important to know how to develop it ie open pit or underground or both. Also the economics must be considered ie what is the world market price of the metal in question and the prognosis for its future price?

You are a producer who is hoping to create a specific good.Based on what you have learned about resources and scarcity, what factors do you need to consider when producing this good?Give your answer in the form of three to four complete sentences.

You are a producer who is hoping to create a specific good.

Based on what you have learned about resources and scarcity, what factors do you need to consider when producing this good?

Give your answer in the form of three to four complete sentences.