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The free choices made by consumers and producers influence each other.

~Apex

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Howell Green

Lvl 10
3y ago

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Why does a free market system follows a circular flow model?

consumersThe free choices made by consumers and producers influence each other.


Why the free-market system follows a circular flow model?

consumersThe free choices made by consumers and producers influence each other.


Why the free market system follows a circular flow model?

consumersThe free choices made by consumers and producers influence each other.


Why free market system follows a circular flow model?

consumersThe free choices made by consumers and producers influence each other.


Why does the free market system follows a circular flow model?

consumersThe free choices made by consumers and producers influence each other.


What is the role for consumers and producers in a free market system?

A circular flow model


Why circular flow model characterizes the free market system?

Consumers and producers influence each other in a circular fashion.


What is provided by producers in the circular flow of the free market system?

Individual goods


What effect do the consumer-protection regulation have on the circular flow of the free market system?

R


What results the fact that a free market is based on the free choices of consumers and producers?

The free-market system has a circular flow of influences.


Which of the following best explains why the circular flow model characterizes the free-market system?

Consumers and producers influence each other in a circular fashion.


What best explains why the free market system follows a circular flow model?

The free choices made by consumers and producers influence each other. ~Apex