0
In a market economy will producers produce the goods and services that consumers demand?
Wiki User
∙ 14y ago
Yes they will produce the goods in demand if they see it as profitable to themselves.
command
Wiki User
∙ 14y ago
paulbenn
They will produce what consumers can afford and what is likely to be profitable to themselves. Production under capitalism is motivated by making a profit.
Add your answer:
Earn +20 pts
How should goods and services be produced in a market economy?
A market economy has producers that grow, make or manufacture goods. These are then sold to middle men who wholesale the good to retailer that sell them to the consumers.
In which type of economy are choices made by consumers?
market
Who decides what goods and services will be produced in a market economy?
In a market economy, it is the producer, typically influenced by the demands of the consumer, who makes decisions about what to produce. This is in contrast to a command economy where the government makes those decisions.
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.
In economics what player has the role of providing goods and services?
Workers...Apex Workers are the group of players in the game of Economics that both produce and uses goods and services. This is also known as apex.
For whom are goods services produce in a market economy?
In a market economy, goods and services are produced for consumers.
How should goods and services be produced in a market economy?
A market economy has producers that grow, make or manufacture goods. These are then sold to middle men who wholesale the good to retailer that sell them to the consumers.
In which type of economy are choices made by consumers?
market
Who decides what goods and services will be produced in a market economy?
In a market economy, it is the producer, typically influenced by the demands of the consumer, who makes decisions about what to produce. This is in contrast to a command economy where the government makes those decisions.
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.
Describe the role played by the producers in an economic system and give an example of someone being a producer.?
Producers, produce the goods and services the consumers deamand, want, and need.
Facts about the consumers of the taiga?
The producers produce
Do ecosystems flow from producers to consumers or consumers to producers?
The producers of food come before the consumers of food.The apple tree must produce an apple before you can consume it.
In economics what player has the role of providing goods and services?
Workers...Apex Workers are the group of players in the game of Economics that both produce and uses goods and services. This is also known as apex.
Why are producers important to consumers?
Without producers, consumers would not exist.
In a market economy producers are also consumers of goods and services true or false?
It depends how the question is looked at. The answer can be yes as they use products to produce. They also are two completely different parts of the chain of sales so would be considered false.
How does a mountain lion produce?
Mountain lions are consumers, not producers. Only plants are producers.
