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What is the relationship between producers and consumers in economics?
Producers make the goods and consumers buy and use the goods.
Do the interactions between the producers and the consumers establish price?
true
What groups of players make all of the economic decision in a free-market system?
consumers and producers
What is the nature of the relationship between consumers and producers in economics?
The relationship between consumers and producers in economics is based on the exchange of goods and services. Consumers purchase products from producers, who in turn supply these goods to meet consumer demand. This interaction drives the economy and influences pricing, production, and consumption decisions.
In a market economy the production questions are determined by?
Interaction between producers and consumers
Differentiate producers from consumers?
You can differentiate between producers and consumers by understanding that producers make their own food. Consumers cannot do that.
Explain the differences between a producer consumer decomposer?
Producers are eaten (consumed) by consumers, when either of them die , they are consumed by decomposers.
What is the relationship between producers and consumers in economics?
Producers make the goods and consumers buy and use the goods.
What is the difference between producers and consumers?
Producers (plants) make their own food, consumers don't. Consumers have to eat producers or other consumers.
What are five differences between producers and consumers?
producers: make not take in, they absorb, they dont hunt for prey, they make themselves, and they dont harm consumers: take in things, hunt for things to eat, they dont make theirselves
What is the difference between producersconsmers?
Im guessing you mean the difference between producers and consumers. Producers make a product or give a service, and consumers purchase, a service or product.
Are plants consumers or producers?
animals are consumers and plants are producers.
Are carnivores consumers or producers?
they are both consumers and producers
Do the interactions between the producers and the consumers establish price?
true
What is the relationship between producers and consumers and in an ecosystem?
they have realation ship
What groups of players make all of the economic decision in a free-market system?
consumers and producers
What are the differences between a producer and a consumer within a food chain or food web?
a producer produce its own food, like plants. while a consumer eats producers or other consumers, like most of the animals. and in the food chain producers goes up like they are the first ones and consumers (depending the degree of consumers) goes down.
