Production Decisions of a firm

&NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 2&period;0&period;95 -->&NewLine;<div class&equals;"quads-location quads-ad1" id&equals;"quads-ad1" style&equals;"float&colon;left&semi;margin&colon;0px 0px 0px 0&semi;">&NewLine;&NewLine;<&sol;div>&NewLine;<h2>Cost Constraints&colon;<&sol;h2>&NewLine;<p> Firms in particular&comma; must consider the prices of labor&comma; capital and other inputs&period; Because just as a consumer is constrained by limited budget so does the producer has to be concerned about the cost of its production&period; <&sol;p>&NewLine;<h2>Input Choices&colon;<&sol;h2>&NewLine;<p> The firm must choose the amount of input to be used in the production of each unit&period; Again its just like a consumer takes account of the prices of different product before deciding to buy anything &period; So does the producer takes account of the prices of different inputs for its production&period; Because if the price of input increase&comma; consequently the output or the price of final product will also increase which will lead to lower demand of that particular product&period; <&sol;p>&NewLine;<p> <a href&equals;"http&colon;&sol;&sol;mba-tutorials&period;com&sol;&sol;wp-content&sol;uploads&sol;2014&sol;03&sol;MG&lowbar;0031&period;jpg"><img title&equals;"&lowbar;MG&lowbar;0031" style&equals;"border-top&colon; 0px&semi; border-right&colon; 0px&semi; background-image&colon; none&semi; border-bottom&colon; 0px&semi; float&colon; none&semi; padding-top&colon; 0px&semi; padding-left&colon; 0px&semi; margin-left&colon; auto&semi; border-left&colon; 0px&semi; display&colon; block&semi; padding-right&colon; 0px&semi; margin-right&colon; auto" border&equals;"0" alt&equals;"&lowbar;MG&lowbar;0031" src&equals;"http&colon;&sol;&sol;mba-tutorials&period;com&sol;&sol;wp-content&sol;uploads&sol;2014&sol;03&sol;MG&lowbar;0031&lowbar;thumb&period;jpg" width&equals;"445" height&equals;"300"&sol;><&sol;a>&NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 2&period;0&period;95 -->&NewLine;<div class&equals;"quads-location quads-ad2" id&equals;"quads-ad2" style&equals;"float&colon;none&semi;margin&colon;0px 0 0px 0&semi;text-align&colon;center&semi;">&NewLine;&NewLine;<&sol;div>&NewLine;&NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 2&period;0&period;95 -->&NewLine;<div class&equals;"quads-location quads-ad3" id&equals;"quads-ad3" style&equals;"float&colon;none&semi;margin&colon;0px&semi;">&NewLine;&NewLine;<&sol;div>&NewLine;&NewLine;