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How does scarcity affect businesses?
People (consumers) have unlimited wants, but businesses do not have enough goods (supply) to fulfill these demands.
What effect do these fines have on businesses and consumer?
u
What is the importance of being a wise consumer?
Consumer is important for businesses because they buy the product/service that the business makes. Without consumers, there would be no point to have businesses since no one will buy the goods/services. No market can exist without consumers, and the eonomy depends on customers to spend money so the people who are paid can become consumers as well.
How do consumers and businesses and governments address scarcity?
They dont
An economic activity that provides services to businesses and consumers?
Democracy
What effect do fines have on businesses and consumers?
u
How did the rise of big businesses affect consumers in the US?
fat
How does scarcity affect businesses?
People (consumers) have unlimited wants, but businesses do not have enough goods (supply) to fulfill these demands.
How do political factors affect the location of a factory?
The political arena has a huge influence upon the regulation of businesses, and the spending power of consumers and other businesses.
Why did the garment workers union grow after the triangle shirtwaist factory fire?
consumers pressured businesses by boycotting nonunion goods.
What effect do these fines have on businesses and consumer?
u
What makes cheap website advertising appealing to consumers and businesses?
Cheap website advertising is appealing to both consumers and businesses because of the availability and the price. For consumers the ads are on the sites they visit and for businesses it is a cheap and easy way to reach consumers.
How businesses promote credit to consumers?
Businesses promote credit to their consumers through the allowing of consumers to purchase products through credit transactions provided by the business.
Businesses that sell directly to consumers on the internet is known as what?
Businesses that sell directly to consumers on the internet are known as B2C businesses. B2C stands for business to consumer.
How does income get from businesses to consumers?
The transfer and redistribution of capital happens through multiple mechanisms and directional flows. Transfers of income from businesses to consumers can occur through the economic redistribution from taxation. Businesses can also sell to consumers who in-turn resell. Businesses also have what is known as a 'trickle down effect' where their income is paid out to workers, who are also consumers themselves.
What is the importance of being a wise consumer?
Consumer is important for businesses because they buy the product/service that the business makes. Without consumers, there would be no point to have businesses since no one will buy the goods/services. No market can exist without consumers, and the eonomy depends on customers to spend money so the people who are paid can become consumers as well.
What is it called when businesses seek to attract consumers dollars away from rival businesses?
competition
