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What is the role of consumer and producer in a free market system?
Wiki User
∙ 12y ago
The producer produces (makes) the product, and sells it to the retailer (the store). The consumer (you and me) goes to the retailer and buys the product.
Wiki User
∙ 12y ago
Wiki User
∙ 12y agoC. They make the economic decisions
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What is the role of an individual within the free enterprise system as a producer consumer and a citizen?
What is the role of an individual within the free enterprise system as a producer consumer and a citizen?"
Free market economic system?
consumer
What effect do the consumer-protection regulation have on the circular flow of the free market system?
R
In a free-market system producers are most strongly driven by what?
The profit motive.Because the producer and consumer are typically different individuals even in developing. Because the public image of marketing is so negative, especially in most ... relinquishing all food distribution authority to the free workings of the market.
In a free-market system producers are motivated because of what?
The profit motive.Because the producer and consumer are typically different individuals even in developing. Because the public image of marketing is so negative, especially in most ... relinquishing all food distribution authority to the free workings of the market.
What is the role of an individual within the free enterprise system as a producer consumer and a citizen?
What is the role of an individual within the free enterprise system as a producer consumer and a citizen?"
Free market economic system?
consumer
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
What is the role of consumer in a free market system?
C. They make the economic decisions
In a free-market system producers are most strongly driven by what?
The profit motive.Because the producer and consumer are typically different individuals even in developing. Because the public image of marketing is so negative, especially in most ... relinquishing all food distribution authority to the free workings of the market.
In a free-market system producers are motivated because of what?
The profit motive.Because the producer and consumer are typically different individuals even in developing. Because the public image of marketing is so negative, especially in most ... relinquishing all food distribution authority to the free workings of the market.
What effect do the consumer-protection regulation have on the circular flow of the free market system?
R
What effect do consumer-protection regulations have on the circular of the free-market system?
They inspire consumer confidence, which leads to increased purchases from producers.
What do consumer-protection regulations have on the circular flow of the free market system?
They inspire consumer confidence, which leads to increased purchases from producers.
What effect do consumer-protection regulations have on the circular flow on the free-market system?
They inspire consumer confidence, which leads to increased purchases from producers.
What effects do consumer-protection regulations have on the circular flow of the free-market system?
They inspire consumer confidence, which leads to increased purchases from producers.
What effect do consumer-protection regulations have on the circular flow of the free-market system?
They inspire consumer confidence, which leads to increased purchases from producers.
