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Which characterizes the free market system as consumers influence producers and producers influence consumers?
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Which of the following best explains why the circular flow model characterizes the free-market system?
Consumers and producers influence each other in a circular fashion.
Because the choices of consumers influence producers and the choices of producers also influence consumers the free-market system has which of the following?
A circular flow of influences
What best explains why the free-market system follows a circular flow model?
consumers and producers influence each other in a circular fashion
What groups of players make all of the economic decision in a free-market system?
consumers and producers
Where do consumers and producers meet?
Market
Why circular flow model characterizes the free market system?
Consumers and producers influence each other in a circular fashion.
Which of the following best explains why the circular flow model characterizes the free-market system?
Consumers and producers influence each other in a circular fashion.
Because the choices of consumers influence producers and the choices of producers also influence consumers the free-market system has which of the following?
A circular flow of influences
What best explains why the free-market system follows a circular flow model?
consumers and producers influence each other in a circular fashion
What groups of players make all of the economic decision in a free-market system?
consumers and producers
What best demonstrates the way consumers and producers influence each in the free market system?
A circular flow model
Where do consumers and producers meet?
Market
Which of the following best demonstrates the way consumers and producers influence each other in the free market system?
A circular model
Why does the free-market system follow a circular flow?
consumersThe free choices made by consumers and producers influence each other.
Why does the free market system follow a circular flow?
consumersThe free choices made by consumers and producers influence each other.
Why does the free-market system follow a circular flow model?
consumersThe free choices made by consumers and producers influence each other.
Why does a free market system follows a circular flow model?
consumersThe free choices made by consumers and producers influence each other.
