Wages
Consumers decisions affect producers, and producer decisions affect consumers.
The movement of income from producers of goods and services to consumers, and back to the producer is known as the circular flow. Circular flow is generally shown in a circular flow chart or model.
Its just give Energy to consumers ,
The difference between a producer and a consumer is that a producer makes his own food and consumer purchases his own food.
If the demand is perfectly elastic in prices (that is, demand falls to zero if the price for consumers is raised even the slightest bit), then the entire tax incidence falls on the producer since the producer would rather face the entire tax burden than lose all his consumers. And if the demand is perfectly inelastic (doesn't change with change in commodity price) then the entire burden falls on the consumers. So higher the price elasticity of demand, higher would be the share of taxes borne by the producer. And higher the price elasticity of supply, lower the share borne by the producer, by similar logic.
WagesApex approved
Consumers decisions affect producers, and producer decisions affect consumers.
The movement of income from producers of goods and services to consumers, and back to the producer is known as the circular flow. Circular flow is generally shown in a circular flow chart or model.
wages APEX
Consumer decisions affect producers, and producer decisions affect consumers
they are consumers
Consumer
it is a producer
producer it is a plant :)
Are oyters producer or consumers
Pigs are consumers.
Sharks are consumers