0
Do tariffs affect consumers who purchase only domestically produced products?
Wiki User
∙ 10y ago
Tariffs only directly affect imported goods, but they will indirectly affect domestically produced products because the demand for domestically produced products will increase as the price of imported goods increases. When the demand of domestically produced products increases, the price of these products can also increase.
Wiki User
∙ 10y ago
Add your answer:
Earn +20 pts
How might the purchase decisions of consumers impact a market economy?
By buying some products, but not others, consumers might determine what is produced.
How businesses promote credit to consumers?
Businesses promote credit to their consumers through the allowing of consumers to purchase products through credit transactions provided by the business.
Prizes or gifts that consumers receive when purchasing products are called?
purchase incentives
Why would consumers want to purchase nestles products?
People buy Nestles products because they like the taste
Aggregate supply reflects billions of production decisions made by?
consumers when they decide which products to purchase
What are 4 types of outlets from which consumers can use to purchase products?
retail,wholesale,internet,agents
What do consumers expect when they buy products and services?
When consumers buy goods and services, they expect them to be as good as the seller claims they are. They look for utility when they purchase the goods.
What are consumers responsibilities?
Consumers are responsible for researching their due diligence prior to purchasing any products and services as well as agreeing to terms and conditions related.
Which type of economic system are consumers most likely to determine what goods will be produced?
The retail system. Thats where the consumers decide what they are going to purchase.
Can one buy Bear Necessities products online?
"Yes, you can purchase Bear Necessities products online. Bear Necessities have their own shop that sells their products online to consumers."
How does consumers purchases influence the decisions of producers?
If consumers didn't buy a producer's products, the producer would soon go out of business.
Where can one go to purchase air conditioning products produced by Lennox?
Lennox produces a lot of products for renovations such as air conditioning systems, fire places, chimneys, and rooftops. The best place to purchase the air conditioning products that are produced by Lennox is from the Lennox store or through the website.
