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Which best explains how a free market system has a circular flow of influences?
Consumers decisions affect producers, and producer decisions affect consumers.
How does teenage pregnancy affect the environment?
By producing more consumers.
Do you agree consumers and marketing environment are mutually inclusive and cannot exist without the other?
Yes, consumers and the marketing environment are certainly mutually inclusive. Without the consumer, corporations would have nobody to market their products to.
How does the law of polystyrene affect consumers?
The law of polystyrene affects consumers because of the chemmicals inside the material and the polystyrene is burned underground and the chmicals gets into the environment which can make consumers sick
Who of the following best explains how a free-market system has a circular flow of influences?
Consumer decisions affect producers, and producer decisions affect consumers
Macro environent in marketing?
The macro environment in marketing refers to the major external and uncontrollable factors that affect the market environment.
The industrial marketing environment?
The market environment is a marketing term and refers to factors and forces that affect a firm's ability to build and maintain successful relationships with customers.Three levels of the environmment are: Micro (internal) environment - small forces within the company that affect its ability to serve its customers. Meso environment - the industry in which a company operates and the industry's market(s). Macro (national) environment - larger societal forces that affect the microenvironment.[1]
In a perfectly competitive market what do individual consumers have?
In a perfectly competitive market, individual consumers have access to homogeneous products offered by numerous suppliers, allowing them to make choices based on price. They are price takers, meaning they cannot influence the market price due to the abundance of alternatives. Additionally, consumers have perfect information about prices and products, enabling them to make informed decisions. This environment fosters competition, ensuring that consumers can purchase goods at the lowest possible prices.
What are contestable consumers in the electricity market?
These consumers have the choice of buying electricity either from retailers or from the wholesale electricity market.
In the market actions known as incentives affect?
Incentives affect market actions by influencing the behavior of consumers and producers. When prices increase, consumers may reduce their demand for a product, while producers may be incentivized to supply more due to higher potential profits. Conversely, subsidies or price decreases can stimulate demand and encourage production. Overall, incentives play a crucial role in shaping market dynamics and resource allocation.
What happens in a market?
In a product market businesses make and sell goods to consumers. Consumers use their income to purchase these goods.
How does photosynthesis affect upper level consumers that are carnivores?
how does photosynthesis affect upper level consumers that are carnivores
