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How can producers influence consumers by making certain goods and services available and by?
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Who provides the goods and services available to consumers?
Producers
In economics all goods and services available to consumers are provided by which of the following?
Producers
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
The need to get goods from producers to consumers raises what basic questions?
How are goods and services distributed
Who provides the goods and services available to consumers?
Producers
In economics all goods and services available to consumers are provided by which of the following?
Producers
What do producers provided consumers?
good or services
What is a list of the three important roles consumers play?
services consumers producers workers
The movement of income from producers of goods and services to consumers and back to producers is known as what?
Circular Flow Of Income
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
How are producers and consumers difference?
They differ in function. Consumers use. Producers make available, the goods and services that consumers use. An example would be a family, sitting at dinner: using electricity for light, produced by the electric company; eating food, produced by farmers; using plates, produced by a ceramicist; using utensils, produced by a foundry; at a table, produced by a furniture maker. Consumers use what producers make. All zoological and botanical entities (including people) are consumers. These same entities are also producers.
The need to get goods from producers to consumers raises what basic questions?
How are goods and services distributed
What do consumers do that influences producers according to the circular flow model?
Purchase goods and services
What basic questions are raised by the need to get goods from producers to consumers?
How are goods and services to be distributed?
You live in an economy with a circular flow of influences and inputs between producers and consumers Producers make goods and provide services that go to the consumers to be used Prices are determine?
Free market
