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

Anonymous

∙ 8y ago

Updated: 2/9/2022

consumers

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

Ignacio Green ∙

Lvl 10

∙ 3y ago

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Related Questions

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

A circular flow model

Why the free market system follows a circular flow model?

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

Why free market system follows a circular flow model?

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

Why does the free market system follows 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.

Explain why the free market system follows a circular flow model?

The free choices made by consumers and producers influence each other. ~Apex

Why circular flow model characterizes the free market system?

Consumers and producers influence each other in a circular fashion.

A political system in which representatives are elected by the people follows the model of?

Senate

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 type of economic system answers the basic economic questions in the circular model?

Free Enterprise

The circular flow model of a mixed economy shows .?

what does a circular model of a mixed economy show

What best explains why the free market system follows a circular flow model?

The free choices made by consumers and producers influence each other. ~Apex

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