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How do consumers use resources?

Updated: 12/10/2022
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13y ago

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They take information, and from it, determine good purchases. The information being a "resource"

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13y ago
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Q: How do consumers use resources?
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Related questions

Socially responsible consumers prefer to buy from companies that use what?

Renewable resources


People who use resources to make goods andor provide services are called?

entreprenuer


Who owns the resources in market economy?

Consumers


Why is the price system a efficient way to allocate resources?

ensures that resource use will adjust relatively quickly to the changing demands of consumers


How can natural resources affect a nation's economy?

without natural resources government cannot sustain the needs and wants of the consumers.


When consumers needs and wants are greater than the resources available to satisfy them?

Scarcity.


What are 2 examples of consumers?

Consumers are organisms that use other organisms for energy resources, as opposed to producers, which can use sunlight to create their own energy-storing molecules, or decomposers, which get energy-rich molecules from dead organisms. Another name for a consumer is a predator. Consumers can eat plants, animals, bacteria, or just about anything else they are capable of catching. Most animals are consumers, including people. Other examples of consumers are birds, turtles, lions, frogs, and cows.


Who is consumers Explain?

Consumers are the Creatures that use up products.


How are tolls and user fees different from taxes?

Tolls and user fees are collected by consumers as they use resources and are used to keep maintenance up and to take care of the place collecting them. They are considered polite since consumers should help with the upkeep and this is a way to do so. Taxes are money collected no matter if you use the resource or not.


How can i use consumers in a sentence?

The consumers feed on the producers. The consumers are getting a raw deal with the increase in electricity prices


How do you use secondary consumers in a sentence?

Secondary consumers seem to be gathering quickly.


Consumers use cost benefit in order to maximize what?

Consumers use cost-benefit analysis in order to maximize utility.