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Consumers influence the decisions of producers in which of the following way?

through the purchasing decisions they make


Producers can use a production possibilities frontier for which of the following purposes?

Producers can use a production possibilities frontier for which of the following purposes?


Who of the following best explains how a free-market system has a circular flow of influences?

Consumer decisions affect producers, and producer decisions affect consumers


Consumers influence the decisions of producers in which of the following ways?

Consumers influence the decisions of producers through their purchasing power and demand for goods and services. Producers analyze consumer preferences, feedback, and trends to adjust their production, pricing, and marketing strategies accordingly. Consumer behavior, such as buying habits and preferences, directly impacts the products and services offered in the market. Additionally, consumer feedback and reviews can influence product development and innovation by providing insights into areas for improvement.


What would happen if there is no government and all production decisions are left to the private producers?

19-05-2013 Expect us.


Which economic systems leaves production decisions completely up to the producers?

Free-market economy


Which of the following is the main force behind the decisions made by producers in a free markey system?

The profit motive(apex)


Which of the following best describes the economic effect that results from the government having budget surplus?

Demand increases, pushing producers to increase supply --> overal demand decreases, reducing the incentivefor producers to icrease production


What is the nature of the relationship between consumers and producers in economics?

The relationship between consumers and producers in economics is based on the exchange of goods and services. Consumers purchase products from producers, who in turn supply these goods to meet consumer demand. This interaction drives the economy and influences pricing, production, and consumption decisions.


Who makes the decisions in market system?

Consumers and producers


Who makes the decisions about which news item will be covered?

Publishers and producers


Who makes the decisions in a free-market system?

Consumers and producers