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True or false On the supply side of a market producers indicate to consumers what they are willing to sell in what quantity and at what price?
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∙ 14y ago
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Wiki User
∙ 14y ago
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Which do producers pay attention to in order to know what people want to buy and how much their willing to pay?
Consumers' purchases
What is demand and quantity of demand?
Demand is a function that defines how much of a certain good are the consumers willing to purchase at a given price.Quantity of demand is the quantity of a certain good the consumers are willing to purchase at a given price, as defined by the function of demand.
Supply and quantity supplied?
Supply means ,A fundamental economic concept that describes the total amount of a specific good or service that is available to consumers. Quantity supplied is a change in price along the supply curvereffers to the ammount of goods and services producers are able and willing to put on the market for sale at a given price in a given period of timeQuantity Supplied : The ammount of goods producers are willing to put on the market at a given price
What do people want to buy and how much theyre willing to pay producers pay attention to what?
Consumers’ purchases
The idea that producers make goods that consumers like and are willing to pay for is a principle of what economic systems?
market
Which of the following best describes how consumers let producers know what they want to buy and how much they are willing to pay?
The purchases consumers make indicate their desires to producers.
What explains how consumers purchases influence the decisions of producers?
Producers can figure out what consumers are willing to pay based on what they buy.
What best explains how consumers purchase influence the decisions of producers?
Producers can figure out what consumers are willing to pay based on what they buy.
What statements best describes the results provided by market research?
Market research tells producers what consumers want and what they're willing to pay.Market research tells producers what consumers want and what they are willing to pay.
Which do producers pay attention to in order to know what people want to buy and how much their willing to pay?
Consumers' purchases
What is demand and quantity of demand?
Demand is a function that defines how much of a certain good are the consumers willing to purchase at a given price.Quantity of demand is the quantity of a certain good the consumers are willing to purchase at a given price, as defined by the function of demand.
What best describes the results provided by market research?
Market research tells producers what consumers want and what they're willing to pay. A.S.Apex XD <Methinks> LOL
Supply and quantity supplied?
Supply means ,A fundamental economic concept that describes the total amount of a specific good or service that is available to consumers. Quantity supplied is a change in price along the supply curvereffers to the ammount of goods and services producers are able and willing to put on the market for sale at a given price in a given period of timeQuantity Supplied : The ammount of goods producers are willing to put on the market at a given price
What do people want to buy and how much theyre willing to pay producers pay attention to what?
Consumers’ purchases
The idea that producers make goods that consumers like and are willing to pay for is a principle of what economic systems?
market
The relationship between the price of a good or service and the quantity that consumers are willing to purchase is known as?
Demand is the best answer
What do producers pay attention to in order to know what people want to buy and how much they willing to pay?
Consumers' purchases
