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What else can I help you with?
People consume particular goods or use particular services because the goods or services have what?
They have utility. They have been convinced by advertising that they want them, need them, or theirs is the best one.
Why do people consume goods and services?
Because they do not make their own food and have to eat food made from other organisms.
Which statement describes an expansion?
People and businesses consume more products and services.
What do economic decision involves with resources to produce goods and services for people to consume?
Allocating
What is local function specialization?
People in particular places concentrate on the production of particular goods and services
Economic decisions involve doing what with resources to produce goods and services for people to consume?
Allocating
Economics decisions involve doing what with resources to produce goods and services for people to consume?
Allocating
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.
What services does eSolutions provide?
eSolutions is a website development company that provides its services to businesses and people. In particular, they help people get started in creating their online business.
Why do markets exist?
Markets allow people to buy what they need to consume and sell the specialized goods and services they produce.
Do people consume alcohol to have fun?
sometimes. or they do it because they may be sad or depressed.
What statement describes economic activity in a recession?
Consumer Spending Declines
