0
What type of economy best fits this description Consumers help to determine the distribution of goods?
Wiki User
∙ 9y ago
market
Wiki User
∙ 9y ago
Add your answer:
Earn +20 pts
If consumers help to determine the distribution of goods what type of economy is this?
market
Why protect consumers?
Consumers must be protected for an economy to be truly productive. There is a great danger of recession when the owners hold all of the power.
Who determines what goods are produced in a market economy?
The Market(consumers... through their decisions) does it.
What are the factors affecting consumer behavior?
Consumer behavior is affected by the earning power of the consumers. That means it is affected by the state of the economy.
Why are entrepreneurs important to a free enterprise system?
Entrepreneurs are important to the free enterprise system because their investments helped fund the industrial economy.
What type of economy best fits this description Consumers help to determine the distribution of goods.?
market
In what form of economy do consumers help to determine the distribution of goods?
Market Economy
Consumers help to determine the distribution of goods.?
Market economy (A+)
In what type of economy do Consumers help to determine the distribution of goods?
market
What type of economy is when Consumers help to determine the distribution of goods?
market
If consumers help to determine the distribution of goods what type of economy is this?
market
Prices in a market economy determine?
Prices in a market economy help determine the equilibrium. Consumers will not pay a price higher than its perceived value.
What type of economy best fits this description The price consumers pay is set by the government.?
Controlled
How might the purchase decisions of consumers impact a market economy?
By buying some products, but not others, consumers might determine what is produced.
Which of the following is the best description of an economy?
An economy refers to the system of production, distribution, and consumption of goods and services in a region or country. It involves factors such as resources, market demand, government policies, and economic agents like consumers, businesses, and governments. The economy can be classified based on characteristics like market structure, level of development, and economic activities.
Can economic decisions benefit consumers in a free enterprise economy than in a command economy?
Economic decisions can benefit consumers more so in a free enterprise economy rather than in a command economy. This is so due to the fact that the free enterprise economy focuses on production and distribution being privately owned. This also allows the ability to allow products and services to be on a supply and demand basis.
You live in an economy with a circular flow of influences and inputs between producers and consumers Producers make goods and provide services that go to the consumers to be used Prices are determine?
Free market
