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taxes are usually levied up on producer but by shifting tax the consumer aer also effected
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∙ 11y ago
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What groups of players make all of the economic decision in a free-market system?
consumers and producers
What is the relationship between producers and consumers in economics?
Producers make the goods and consumers buy and use the goods.
Why Is sun Important to producers and consumers?
because if the producers don't get sunlight they wont grow thus the consumers will have nothing to eat
In the game of economics workers play a double role functioning as both consumers and?
In the game of Economics, workers play a double role, functioning as both consumers and producersConsumers and producers
What best explains why the free-market system follows a circular flow model?
consumers and producers influence each other in a circular fashion
Are taxes levied on consumer or producer of goods?
Both consumers and producers are taxed in one form or another.
What is the incidence of indirect taxes?
Incidence of indirect taxes indicate how much burden of indirect taxes will be borne by the producers and how much by the consumers by way of rise in price.
Are plants consumers or producers?
animals are consumers and plants are producers.
Are carnivores consumers or producers?
they are both consumers and producers
What groups of players make all of the economic decision in a free-market system?
consumers and producers
What type of taxes Levied directly on the entire estate of a person?
Estate taxes are levied on the entire estate of a person.
Are buttercups producers or consumers?
Primary consumers
How are consumers related to producers?
Producers are the food for primary consumers.
Differentiate producers from consumers?
You can differentiate between producers and consumers by understanding that producers make their own food. Consumers cannot do that.
Taxes levied on goods made or sold within a country are called what?
taxes levied on goods made or sold within a country are called excise taxes.
How are consumers and producers of today different from consumers and producers years ago?
how is the producers and consumers from today different from years ago.
A stable pond ecosystem would not contain?
consumers without producers
