A circular flow model
Draw and explain circular flow model
it is a flow that shows the flow of money openly
what does a circular model of a mixed economy show
consumersThe free choices made by consumers and producers influence each other.
A circular flow model
The elements of a queuing systems are the population of customers, the arrival flow, the queue, the service and the output flow. The system is a closed loop system or a feedback model.
A flow chart is a type of model, but not every model is a flow-chart.
A circular flow model
Draw and explain circular flow model
Consumers and producers influence each other in a circular fashion.
A simple circular flow model shows the flow of goods and services through the economy. It is basically a model that shows supply and demand in an economy.
it is a flow that shows the flow of money openly
what does a circular model of a mixed economy show
consumersThe free choices made by consumers and producers influence each other.
consumersThe free choices made by consumers and producers influence each other.
consumersThe free choices made by consumers and producers influence each other.