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What is the willingness and ablility of producers to offer goods and services for sale?
Wiki User
∙ 6y ago
This depend on the law of demand and supply.if the demand for the goods and services are high then the producer will produce at a very high quantity and vice versa.
Wiki User
∙ 13y ago
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What is supply economics?
a) willingness and ability to offer goods and services for sale b) the amount of a commodity that producers are willing and able to offer for sale at a specified price
What do producers use to make goods and services?
goods
Who provides the goods and services available to consumers?
Producers
The need to get goods from producers to consumers raises what basic questions?
How are goods and services distributed
What is the circular flow of economic activity?
[NovaNet] the movement of income from producers of goods and services to consumers, and back to producers. [Study Island] Consumer spending drives demand for goods and services.
What is supply economics?
a) willingness and ability to offer goods and services for sale b) the amount of a commodity that producers are willing and able to offer for sale at a specified price
What do producers use to make goods and services?
goods
Who provides the goods and services available to consumers?
Producers
Match the role with the actions taken by players in that role.?
consumer- Purchasing goods and services producers-Providing goods and services worker-Making goods and services
The need to get goods from producers to consumers raises what basic questions?
How are goods and services distributed
What basic questions are raised by the need to get goods from producers to consumers?
How are goods and services to be distributed?
In a resource market goods and services are sold mainly to?
producers
What is the circular flow of economic activity?
[NovaNet] the movement of income from producers of goods and services to consumers, and back to producers. [Study Island] Consumer spending drives demand for goods and services.
The movement of income from producers of goods and services to consumers and back to producers is known as what?
Circular Flow Of Income
Systems for moving goods or services from producers to customers are known as?
SUPPLY
Who are the people or businesses who create goods services or both for sale?
producers
Who are the people or business who create goods services or both for sale?
producers
