Which of the following is the facility that small producers need to compete better in the market?

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Better infrastructure

Technology

Affordable credit facilities

All of the above

answer is D.

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Detailed Solution

The small producers don't have the financial resources to compete in the market. Some factors that can help them compete better are:
1)      Better infrastructure facilities can help them scale their business. For example, it would be easier for them to transport raw materials and products using good transport facilities.
2)      The modernisation of technology can lead to cheaper and better means of production.
3)      To scale a business, loan facilities are required and thus, a cheap and affordable loan will also help them in the competitive market.

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