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What else can I help you with?
Why is the consumer king in a market economy?
because the market economy is driven by demand and consumer is the one who demands
What motivates the Market economy?
the purchase of a consumer (CONSUMER) (: welcomeee
In which type of economy are choices made by consumers?
market
All of these are describing what market type of market structure?
Four types of markets are institutional, B2B, consumer, and reseller.
When you begin working you will most likely be both a and a in a market economy?
When you begin working, you will most likely be both a consumer and a producer in a market economy. As a consumer, you will purchase goods and services to meet your needs and wants, while as a producer, you will contribute your skills and labor to create value for your employer and the economy. This dual role helps drive economic activity and facilitates the exchange of resources and services within the market.
Why is the consumer king in a market economy?
because the market economy is driven by demand and consumer is the one who demands
Consumers role in a mixed economy?
what is the role of a consumer in a mixed econmoy
What motivates the Market economy?
the purchase of a consumer (CONSUMER) (: welcomeee
In which type of economy are choices made by consumers?
market
All of these are describing what market type of market structure?
Four types of markets are institutional, B2B, consumer, and reseller.
What is the role of a consumer in an Economy?
Someone whose role is to use goods and/or services.
What type of economy is driven by producers responding to consumer preferences?
market
Which is not a feature of a market economy?
The price a consumer pays is set by the government. A+
What is the role of households in a free market economy?
households are important role in free market economy. they only called as customers and consumers in the free market economy so they involved goods purchase and selling activities..
Who makes the decisions in the market economy?
The consumer who influences the market and the country's laws regarding business.
How does each society determine who will consume what is produced?
Societies determine who will consume what is produced through various systems such as market economy, command economy, traditional economy, or mixed economy. In a market economy, pricing and consumer demand play a significant role in allocation. In a command economy, the government decides on distribution. Traditional economies follow customs and traditions, while mixed economies combine elements of both market and command systems.
Who controls production in a pure market economy?
The people (aka. consumer sovereignty).
