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Because the choices of consumers influence producers and the choices of producers also influence consumers the free-market system has which of the following?

A circular flow of influences


Consumers influence the decisions of producers in which of the following way?

through the purchasing decisions they make


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

consumers and producers influence each other in a circular fashion


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

A circular model


What explains how consumers purchases influence the decisions of producers?

Producers can figure out what consumers are willing to pay based on what they buy.


What best explains how consumers purchase influence the decisions of producers?

Producers can figure out what consumers are willing to pay based on what they buy.


What is something consumers do to influence producers?

Is by demanding the product


In economics workers are both producers and which of the following?

Consumers


In economics workers are both producers and which the following?

Consumers


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.


In economics workers are both producers and whitch of the following?

Consumers


Which of the following best describes how consumers let producers know what they want to buy and how much they are willing to pay?

The purchases consumers make indicate their desires to producers.