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Consumers and producers influence each other in a circular fashion.

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Pearlie Tromp

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3y ago

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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.


What is the role for consumers and producers in a free market system?

A circular flow model


What role do businesses that go tothe market play in the circular model?

what role do businesses that go to the market play in the circular flow model


What best demonstrates the way consumers and producers influence each in the free market system?

A circular flow model


Which of the following best demonstrates the way consumers and producers influence each other in the free market system?

A circular model


How does the circular flow market of a mixed economy compare with that of a market economy?

Government is added into the circular flow model of a mixed economy.


How does the circular flow model of a mixed economy compare with that of a market economy?

Government is added into the circular flow model of a mixed economy.


Does the circular flow model of a mixed economy compare with that of a market economy?

Government is added into the circular flow model of a mixed economy.


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.


Why the free-market system follows a circular flow model?

consumersThe free choices made by consumers and producers influence each other.


Why the free market system follows a circular flow model?

consumersThe free choices made by consumers and producers influence each other.