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Which of the following can consumers in a free-enterprise economy choose to do with their money?
Wiki User
∙ 11y ago
1.)Spend it
2.)Save it
3.)Consume it
Wiki User
∙ 11y ago
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What are you going to choose economy or environment?
I choose environment
disadvantage of planned economy?
Lack of incentives to work hard in planned economy Sometimes poor quality of goods and shortages Failure to meet set ideals or consumer needs. Lack of varieties of goods and services Consumers can choose only those goods or services which are produces and decided by the government
What is a free market economy and how can it benefit the economy?
Individuals in the mixed economy(laissez-faire economy) are free because they are free to choose what they want to do.
What are the effects of advertisements on modern consumers?
Advertisements inform consumers more about the products on offer. They also encourage consumers to choose between different brands and thus get better value for money.
What is the advantage of a consumers right to choose from adequate variety of goods and services?
a. It ensures a competitive market and allows for individual differences among consumers.
What is an advantage of a consumers right to choose from a adequate variety of goods and services?
a. It ensures a competitive market and allows for individual differences among consumers.
When are humans primary consumers?
Humans are considered to be omnivores. However, some choose to eat a strictly plant diet and could be considered as primary consumers.
How much is 38gram gold bar of 24kt gold worth?
The price of gold is set by the market place, following the economy law of supply and demand. To find out what the current price is, choose from the links below.
Why do consumers choose organic products?
Ecosystem well-being and individual health are reasons why consumers choose organic products. Organic products do not employ chemical, genetically modified or synthetic inputs and procedures. It means that consumers are not eating carcinogens and not supporting toxic releases and residues from non-organic methods and resources.
What describes one way that the Internet benefits consumers?
One way that the internet benefits consumers is with consumer surplus. Consumers have a wide variety of entertainment to choose from, as well as many different shopping options, all from the comfort of home. Consumers can compare products, prices, and availability, allowing consumers to make the choices that best fit their needs.
Is the Italian economy a market economy or a command economy?
Italy's economy may have strong government regulation, but it is first and foremost a MARKET ECONOMY because firms choose their own levels of production, not the Italian government (which would be the case in a command economy).
Why does poverty exist in a free market economy?
Poverty exists in a free market economy because people can choose how to make their money.
