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Which of the following terms best describes an economy in which producers of goods and services react to consumer choices?
Wiki User
∙ 10y ago
market economy
Wiki User
∙ 10y ago
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What dictates which goods and services producers should or should not create?
Consumer choices
In which type of economy are the producers of the goods in services able to react to consumer choices?
market
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 type of economy are the producers of goods and services able to react to consumer choices?
Capitalist. Aplus answer Market
In economics all goods and services available to consumers are provided by which of the following?
Producers
What is a producers relationship to a consumer?
Producers are the ones who creates or produce goods and services that must meet the consumer's expectations.
What dictates which goods and services producers should or should not create?
Consumer choices
According to the circular flow model which of the following do producers provide to consumers?
wages APEX
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.
In which type of economy are the producers of the goods in services able to react to consumer choices?
market
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.
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
Consumers selling goods and services electronically to other consumers best describes?
consumer-to-consumer electronic commerce.
What type of economy are the producers of goods and services able to react to consumer choices?
Capitalist. Aplus answer Market
what type of economy are the producers of good and services able to react to consumer choices?
Capitalist. Aplus answer Market
In economics all goods and services available to consumers are provided by which of the following?
Producers
What is the relationship between the producer and consumer?
pie
