How do producers decide whether to diversify and production or specialize and trade? Pls help !! this is my third time asking !! pls i really need this

Question

asked Jul 3, 2021 51.3k views

1 Answer

Svetlin Zarev · Answer 1 · 2021-07-09T14:30:57+0000

if they have experience in the sector and have all the needs machines, employees, money,..... then they would prefer to go to specialize and trade