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Who provides the goods and services available to consumers?

Producers


What are some advantages of taxation?

Corrects market failure Companies are in favor of it as they pass on the costs to their consumers Provides public goods


What is the definition of service sector?

The service sector is a segment of the economy that provides intangible goods and services to consumers, such as healthcare, education, finance, and entertainment. It does not involve the production of physical goods.


When consumers get more money they tend to substitute normal goods for what goods?

When consumers get more money, they tend to substitute normal goods for _inferior_ goods.


Why did the garment workers union grow after the triangle shirtwaist factory fire?

consumers pressured businesses by boycotting nonunion goods.


Who is a person company or business that makes the goods or provides services for consumers?

A person, company, or business that makes goods or provides services for consumers is commonly referred to as a "provider" or "supplier." These entities are responsible for producing, manufacturing, or offering products and services that meet consumer demand and fulfill specific needs or desires. Providers can range from small-scale individual artisans to large multinational corporations, and they play a crucial role in the economy by contributing to the production and distribution of goods and services to consumers.


What can not be done by the government in a command economy?

Deciding what goods consumers buy.


What is the relationship between producers and consumers in economics?

Producers make the goods and consumers buy and use the goods.


When consumers get more money they tend to substitute normal goods for goods?

inferior


Ask us anythingMatch the role with what each player in that role does. A. Consumer Makes goods B. Producer Provides goods C. Worker Uses goods?

A. Producer Makes goods - Producers are responsible for creating and supplying goods and services. B. Consumer Uses goods - Consumers are the individuals who purchase and utilize the products produced. C. Worker Provides goods - Workers are involved in the production process, contributing their labor to create goods and services.


People who buy goods and services are called?

Consumers


Who will get the goods and services?

consumers