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Which of the following producers is a producer of services 1 Raul fixes cars 2 Taylor sells car parts 3 Jared runs a toy store 4 Tina is a chef in a restaurant?
There are two basics aspects of a market: goods and services. A good is something tangible like an ice cream cone or a car that you buy. A service is something provided to you like a car wash or a haircut.
With that knowledge, Raul and Tina are producers of services. Raul fixes cars (intangible) and Tina cooks food for you.
What else can I help you with?
Which of these terms applies to individuals who make and offer economic good or services for sale?
producer
Which of these statements is most complete with regard to the role of the producer in an economy?
Producers consume both goods and services.
The movement of income from producers of goods and services to consumers and back to producers is known as the?
The movement of income from producers of goods and services to consumers, and back to the producer is known as the circular flow. Circular flow is generally shown in a circular flow chart or model.
In economics all goods and services available to consumers are provided by which of the following?
Producers
Individuals who make and offer economic goods or services for sale are known as which of the following?
producers
According to the circular flow model which of the following do producers provide to consumers?
wages APEX
What is the relationship between the producer and consumer?
pie
Which of these terms applies to individuals who make and offer economic good or services for sale?
producer
What is the relationship between a consumer and a producer?
A consumer is an individual or organization that purchases goods or services produced by a producer. Producers create products or services to meet the demand of consumers, who in turn provide revenue for the producers. The relationship between consumers and producers is essential for the functioning of a market economy.
Which of these statements is most complete with regard to the role of the producer in an economy?
Producers consume both goods and services.
Which of the statements is most complete with regard to the role of the producer in an economy?
Producers consume both goods and services.
The movement of income from producers of goods and services to consumers and back to producers is known as the?
The movement of income from producers of goods and services to consumers, and back to the producer is known as the circular flow. Circular flow is generally shown in a circular flow chart or model.
In economics all goods and services available to consumers are provided by which of the following?
Producers
Describe the role played by the producers in an economic system and give an example of someone being a producer.?
Producers, produce the goods and services the consumers deamand, want, and need.
What is producer sovereignty?
Producer sovereignty is the concept that producers have control over what goods and services are produced based on their assessment of consumer demand and profitability. This means that producers have the power to determine production levels, pricing, and quality in the market.
What does a producer depend on a consumer for?
Producers make goods/services and depend on the consumer to buy them so they can make money and continue making more goods/services.
What is the opposete word of producer?
Consumer. A consumer is an individual or organization that uses products or services created by producers.
