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Why microeconomics is called microscopic analysis?
microeconomics is called microscopic analysis because it analyze the behavior of micro or small units of the economy like individual consumer, producer, factor suppliers etc.
What is a formal agreement between firms to set prices or to behave in a cooperative manner called?
collusion
A business that moves goods from a producer to a consumser is called a?
A business that moves goods from a producer to a consumer is called a distributor. Distributors play a crucial role in the supply chain by purchasing products from manufacturers and selling them to retailers or directly to consumers. They help ensure that products are available in the right places and at the right times, facilitating efficient market access.
What is producer equilibrium?
the equalibirium at which producer gain max profit is called producer equalibirium
What eliminated all the trade barriers between the US Canada and Mexico?
The trade agreement called NAFTA or the North American Free Trade Agreement began in 1994. The agreement lifted tariffs produced by the USA, Mexico and Canada.
The agreement between the producer and consumer on the price is called the?
The agreement between the producer and consumer on the price is called the equilibrium price. This is the point at which the quantity supplied by the producer matches the quantity demanded by the consumer, resulting in a stable market price.
What is the agreement between the producer and cunsumer ona price called?
market
What is an agreement between a consumer and lender to borrow money and pay it back in increments called?
loan
Bald eagles is consumer or a producer?
consumer,it is in a group called"birds."
Is a eastern ribbon snake a producer or a consumer?
Snakes are secondary consumers, also called predators.
What is a animal called that relies on others to get its food?
A consumer. A producer is one who makes the food for the consumer(s).
What kind of consumer follows a producer in a food chain?
A consumer that follows a producer in a food chain is known as a primary consumer or herbivore. These organisms feed directly on producers (plants) for energy and nutrients, forming the second trophic level in the food chain. Examples include rabbits, deer, and cows.
Is a grasshopper a producer consumer decomposer?
a decomposer
Is a grey mullet a consumer or a producer?
well if its a fish, only plants can be producers so. a producer is something that produces its own food. a consumer eats something that is a producer that is called a food chain when you figure out what eats what
Is grey mullet a producer or a consumer?
well if its a fish, only plants can be producers so. a producer is something that produces its own food. a consumer eats something that is a producer that is called a food chain when you figure out what eats what
What is an organism that's make its own food?
autotroph
What is the fifth consumer in food chain?
full list is producer, primary consumer, secondary consumer, tertiary consumer, quaternary consumer and the fifth one is called the quinary consumer!! After that I dont know
