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Lower production costs can allow companies to _____. charge lower prices make less profits sell fewer products

William Cain

in Business

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Ronald Miller on December 10, 2018

Lower production costs can allow companies to charge lower prices.If you can produce something at a lower price, this means that you can sell at a lower price too, and still make the same amount of earnings, while that would probably get more business.You wouldn't make less profit, due to the lower production costs allow the company to reduce the price of sale, and for more products to be sold.Not sell fewer products, which in reality was going to sell more products, because people are more willing to buy whatever you are selling, if the price is lower.


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