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Economics

The Firm’s Production Decisions

An Overview of the Firm’s Production Decisions

This post will help you understand the production decisions that the firm’s must look at to maximise profit and success, as part of your Prelim Economics course. Firms have certain production decisions they must make. This includes looking at inputs, the production process, and outputs. The video below talks more about firms and their certain decision-making processes.

The video below looks at these decisions in more detail.