Which of the following is a common way a hat factory might try to increase their productivity? question options: a) not allowing workers to attend training sessions because it takes away working time b) investing in new sewing machines that can stitch faster than older models c) using more fabric to make the hats

Investing in new sewing machines that can stitch faster than older models is a common way a hat factory might try to increase their productivity.

Option B

Explanation:

In increasing the process of productivity of hats, the production company has to invest their time in acquiring machines that could perform the stitching of the fabrics in making the hats, this enables more work time productivity and allows for many hats to be stitched in a day therefore increasing hats production rates and sales rate by pushing it out to acquire services that are to be rendered to the customers,  

Hats productivity can thus be increased in this manner and agenda which is suitably for the company and best for the consumers.

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explanation:

this is an outline for the decisions that frankie is going to make

opportunity cost

willingness to buy

price or quality

of course, there could be many economic strategies that should be considered important while making decision. opportunity cost is the foremost significant factor while considering any economic option. when you buy something, you should know how much you are forgoing for this product. indeed, you could buy something different with this measure if you changed your mind. willingness to buy shows how much surplus you are earning while making a decision. it is important because it shows you buy what you want or you buy because you have only limited amount of money. the price or quality can be considered as a general economic option that we are applying while buying something. when you buy something, price or quality could be one of the options. indeed, they define the characteristics of the product.    

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