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What role do business that go to the market play in the circular flow model?
Wiki User
∙ 14y ago
to sell their product
Wiki User
∙ 14y ago
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What is the role for consumers and producers in a free market system?
A circular flow model
How does the circular flow model of a mixed economy compare with that of a market economy?
Government is added into the circular flow model of a mixed economy.
What role do businesses that go tothe market play in the circular model?
what role do businesses that go to the market play in the circular flow model
In a Circular Flow Model consisting of the Household Sector The Business Sector Product Markets and Resource Market...?
Businesses are sellers of products.
What are the two payments in the free market circular flow model?
Resource markets and product markets are the two payments int he free market circular flow model. Both of these markets are for businesses and households.
What is the role for consumers and producers in a free market system?
A circular flow model
How does the circular flow market of a mixed economy compare with that of a market economy?
Government is added into the circular flow model of a mixed economy.
How does the circular flow model of a mixed economy compare with that of a market economy?
Government is added into the circular flow model of a mixed economy.
Does the circular flow model of a mixed economy compare with that of a market economy?
Government is added into the circular flow model of a mixed economy.
What role do businesses that go tothe market play in the circular model?
what role do businesses that go to the market play in the circular flow model
In a Circular Flow Model consisting of the Household Sector The Business Sector Product Markets and Resource Market...?
Businesses are sellers of products.
What are the two payments in the free market circular flow model?
Resource markets and product markets are the two payments int he free market circular flow model. Both of these markets are for businesses and households.
What are the actions of producers in the circular flow model?
sell good and services i the market
What role do people who go to the market play in the circular flow model?
The people who go to the market are consumers.
What does the circular flow model show?
the interactions between households and businesses in the free market
What role do people who go into the market play in the circular flow model?
Consumers to buy
What does the simple circular flow show?
The circular flow model of a mixed economy shows how market systems work and how the business cycle occurs. It is made to help us understand how each sector of economy and how it flows together.
