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What are the implication of cartel to both consumer and producers?
Wiki User
∙ 11y ago
When multiple businesses join up to create a Cartel, the production of a product is generally increased. Because of the higher supply of product, it should drive down costs to the consumers.
Wiki User
∙ 11y ago
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People are both producers and products of the society discuss?
People are producers because they create goods others use. They are consumers because they consumer goods that others produce in the economy.
What is the difference between cartel and oligopoly?
Monoply is a situation in which a single person or individual or a business dictates the whole system and people are dependent only on that single individual or business.While cartel is a situation where a group of businesses or companies work hand in hand instead of competing with each other to benefit themselves and not the consumer.In both conditions the consumer is the looser.
In the game of economics workers are the players who function as both producers and?
In the game of Economics, workers are the players who function as both producers and _consumers_
How is the government is both a consumer and a producer and give one example of the government playing each role?
The government pays farmers to produce crops and then buys them for distribution to those in need. In this way the government is both a consumer and producer of the same product.
In the game of economics workers are the players function as both producers and?
In the game of Economics, workers are the players who function as both producers and _consumers_
Is a hawk a producer or consumer?
The hawk is both a producer and consumer, producing young and consuming various animals from the food chain.
Are Red foxes consumers or producers?
All wolves are consumers, because consumers take energy from producers. Producers, such as grass, make food.
Are jellyfish producers or consumers?
Both! They consume nutrients and oxygen, and excrete metabolites.
Is a pine tree a producers or a consumers?
its a produver
Are taxes levied on consumer or producer of goods?
Both consumers and producers are taxed in one form or another.
Is protista a producer or a consumer?
producers
What is the role of the gray fox in a food web?
The red fox is a secondary consumer and is both predator and prey.
People are both producers and products of the society discuss?
People are producers because they create goods others use. They are consumers because they consumer goods that others produce in the economy.
Are foxes a consumer?
a fox is a consumer. it is an omnivores with means it is an animals that eat both plants and other animals. a producer is usually plants.
Is a chimpanzee a consumer?
The Howler monkey in a herbivore, the diet mainly consistes of berries, leaves and leave litter.
What are some similarities between consumers and producers?
a producer makes(produces) its own food and a consumer consumes its food from other living things(animals)
Which term describes animals that eat producers?
Animals that eat both consumers and producers are called omnivores.
