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What results the fact that a free market is based on the free choices of consumers and producers?

The free-market system has a circular flow of influences.


Which best explains how a free market system has a circular flow of influences?

Consumers decisions affect producers, and producer decisions affect consumers.


What is the role for consumers and producers in a free market system?

A circular flow model


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


Who of the following best explains how a free-market system has a circular flow of influences?

Consumer decisions affect producers, and producer decisions affect consumers


What is provided by producers in the circular flow of the free market system?

Individual goods


What effect do the consumer-protection regulation have on the circular flow of the free market system?

R


Why circular flow model characterizes the free market system?

Consumers and producers influence each other in a circular fashion.


How do anti trust laws affect the circular flow of the free market system?

They speed up the flow of capital and wages


How does the circular flow market of a mixed economy compare with that of a market economy?

Government is added into the circular flow model of a mixed economy.


What speeds up the flow of investent and wages in the circular flow of the free-market system?

Antitrust laws consumer-protection regulations


What speed up the flow of investment and wages in circular flow of the free market system?

Antitrust laws consumer-protection regulations