0
Which of the following best demonstrates the way consumers and producers influence each other in the free market system?
Updated: 9/27/2023
Lalia's House
Lvl 1
∙ 4y agoBest Answer
A circular model
Anonymous
Lvl 1
∙ 3y agoThis answer is:
Add your answer:
Earn +20 ptsQ: Which of the following best demonstrates the way consumers and producers influence each other in the free market system?
Write your answer...
Submit
Still have questions?
Continue Learning about Economics
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
Consumers influence the decisions of producers in which of the following way?
through the purchasing decisions they make
Consumers influence the decisions of producers in which of the following ways?
Through the purchasing decisions they make
What best explains why the free-market system follows a circular flow model?
consumers and producers influence each other in a circular fashion
In economics workers are both producers and which of the following?
Consumers
Related questions
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 demonstrates the way consumers and producers influence each in the free market system?
A circular flow model
Consumers influence the decisions of producers in which of the following way?
through the purchasing decisions they make
Consumers influence the decisions of producers in which of the following ways?
Through the purchasing decisions they make
What best explains why the free-market system follows a circular flow model?
consumers and producers influence each other in a circular fashion
A pyramid of number demonstrates that a community has?
More producers than primary consumers
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 is something consumers do to influence producers?
Is by demanding the product
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.
In economics workers are both producers and which of the following?
Consumers
In economics workers are both producers and which the following?
Consumers
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.
Copyright ©2024 Infospace Holdings LLC, A System1 Company. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Answers.