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Who provides the goods and services available to consumers?
Producers
The need to get goods from producers to consumers raises what basic questions?
How are goods and services distributed
The movement of income from producers of goods and services to consumers and back to producers is known as the?
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.
In a market economy are producers also consumers of goods and services?
True
In economics all goods and services available to consumers are provided by which of the following?
Producers
Who provides the goods and services available to consumers?
Producers
Would you consider people to be producers consumers or both?
People can be both producers and consumers. As producers, they create goods or services to meet the needs of others. As consumers, they use resources to satisfy their own needs or desires by purchasing goods or services.
What basic questions are raised by the need to get goods from producers to consumers?
How are goods and services to be distributed?
The need to get goods from producers to consumers raises what basic questions?
How are goods and services distributed
The movement of income from producers of goods and services to consumers and back to producers is known as the?
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.
The movement of income from producers of goods and services to consumers and back to producers is known as what?
Circular Flow Of Income
In a market economy are producers also consumers of goods and services?
True
In economics all goods and services available to consumers are provided by which of the following?
Producers
According to the circular flow model which of the following do producers provide to consumers?
wages APEX
What do consumers do that influences producers according to the circular flow model?
Purchase goods and services
What is the circular flow of economic activity?
[NovaNet] the movement of income from producers of goods and services to consumers, and back to producers. [Study Island] Consumer spending drives demand for goods and services.
In economic terms the marketplace?
any place were consumers and producers buy and sell goods and services
