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People are both producers and products of the society discuss?
People are producers because they create goods others use. They are consumers because they consumer goods that others produce in the economy.
How do producers use money?
they use there money to buy stuff.
Explain why the role of a consumer is important in an economic system and give two examples of someone playing the role of consumer?
Because the consumer is the one who is going to buy those products or use the services, that brings net outcome to the firm. Therefore the consumer plays a very important role in the economic system. The consumer is the one with the demand
What is the difference between a consumer's disposable and discretionary income?
Disposable income is the money a consumer has left after paying taxes to use for necesities such as food housing, clothing, and transportation. Discretionary income is the money that remains after paying for taxes and necessities and is used for luxury items.
What is the relationship between producers and consumers in economics?
Producers make the goods and consumers buy and use the goods.
People are both producers and products of the society discuss?
People are producers because they create goods others use. They are consumers because they consumer goods that others produce in the economy.
How do producers use money?
they use there money to buy stuff.
How producers differ from consumer?
A producer is always at the beginning of a food chain. A producer will always be a plant. A primary consumer eats the producer. The secondary consumer eats the primary consumer. The scavenger comes next (if it gets there before the decomposer.) The decomposer will always be last. Example: (where there is a scavenger) grass --> rabbit --> fox --> vulture --> mushroom producer, primary consumer, secondary consumer, scavenger, decomposer
How does scale of preference help consumer and producers to make use of efficient resources?
it is a scince
What is the relationship between the producer and consumer?
pie
What type of consumer is a turkey?
they are both many of them are called garfel and if you use it on a bird studdier it will give you respect
What are the similarities between consumer buying behavior and business buying behavior?
a similarity would be that they both use the products for their own benefit. consumer buyers use it to benefit themselves and business buyers use it to make money for themselves.
Are cows producers or condsumers?
I would say they are consumers because they can't do photosynthesis. Producers produce energy through the sun while consumers use the energy producers make. A producer may be grass and a consumer may be a deer.
What is the role of the primary producers?
primary producer is the individual or buiness that takes raw materials and converts it into a usable good for consumer use.
Is dogs consumer or a producer?
Actually a dog is a consumer because it eats meat...
Is a grasshopper a consumer or a producer?
Rabbits are consumers AND herbivores, plant eaters.
Are people consumers or producers?
In terms of economics, people are both consumers and producers. People involved in business are producers because they produce objects that other people consume. Everyone is a consumer because we all buy items from stores and use them. In terms of Biology, people are consumers because we do not make our own food internally. We have to consume other things to make energy.
