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What is the difference between consumer and producer in economics?

The producer supplies good and services and the consumer demands them.


What is the important of interaction between living organisms and the environment?

What the importance of interaction between living organisms and the environment


A relationship between a producer and consumer is best illustrated by a?

Animals: Grass (producer) and a Cow (consumer) Economy: Factory (producer) and Buyer (consumer)


Consumer surplus and producers surplus?

Consumer surplus - the difference between what a consumer is willing to pay and what they actually pay. Aggregate consumer surplus measures consumer welfare. Producer surplus - the difference between what a producer is willing to sell their product for and what they actually receive. Aggregate producer surplus measures producer welfare


What are the differences between producers and consumers?

The difference between a producer and a consumer is that a producer makes his own food and consumer purchases his own food.


Is a lizard a consumer decomposer or a producer?

Consumer. Trees are a producer, detritovores are a decomposer (worms) and everything between are consumers.


What is a gecko a producer a consumer or a decomposer?

Consumer. Trees are a producer, detritovores are a decomposer (worms) and everything between are consumers.


What is the difference between a producer and a consumer in an ecosystem?

A producer makes products while the consumer uses or really consumes them


What are the release dates for The Struggle Between Producer and Consumer - 1912?

The Struggle Between Producer and Consumer - 1912 was released on: USA: 4 December 1912


The agreement between the producer and consumer on the price is called the?

The agreement between the producer and consumer on the price is called the equilibrium price. This is the point at which the quantity supplied by the producer matches the quantity demanded by the consumer, resulting in a stable market price.


What is a difference between producer consumer and predator?

preaditores are fidel and consumer are spre


What is the relationship between a consumer and producer is best illustrated by a?

The relationship between a consumer and producer is best illustrated by a supply and demand graph. In this model, producers supply goods and services based on market demand, while consumers drive demand by purchasing these products. The interaction between the two determines prices and the quantity of goods exchanged in the market. This dynamic illustrates how consumer preferences influence production decisions and vice versa.