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In economics all goods and services available to consumers are provided by which of the following?
Producers
Why are goods and services scarce in the market?
Goods and services are scarce in the market because there are limited resources available to produce them, and the demand for these goods and services often exceeds the available supply. This scarcity leads to competition among consumers and businesses, which can drive up prices and create shortages.
What is the total goods and services in the economy available at all possible price levels?
Consumer Price Indexes is monthly data on changes in the prices paid by consumers for a goods and services.
What determines what goods and services are produced?
Consumers determines what goods and services are produced.
Consumers expect certain goods and services to be available on demand during?
both high and low demand periods
In economics all goods and services available to consumers are provided by which of the following?
Producers
Who will get the goods and services?
consumers
Why are goods and services scarce in the market?
Goods and services are scarce in the market because there are limited resources available to produce them, and the demand for these goods and services often exceeds the available supply. This scarcity leads to competition among consumers and businesses, which can drive up prices and create shortages.
What determines what goods and services are produced?
Consumers determines what goods and services are produced.
What is the total goods and services in the economy available at all possible price levels?
Consumer Price Indexes is monthly data on changes in the prices paid by consumers for a goods and services.
Who uses goods and services?
consumers
People who buy goods and services are called?
Consumers
Who is a person company or business that makes the goods or provides services for consumers?
A person, company, or business that makes goods or provides services for consumers is commonly referred to as a "provider" or "supplier." These entities are responsible for producing, manufacturing, or offering products and services that meet consumer demand and fulfill specific needs or desires. Providers can range from small-scale individual artisans to large multinational corporations, and they play a crucial role in the economy by contributing to the production and distribution of goods and services to consumers.
Consumers expect certain goods and services to be available on demand during?
both high and low demand periods
Addressing the goal of what provides assurance that goods and services will be available and payments will be made on time?
equity
What do consumers expect when they buy products and services?
When consumers buy goods and services, they expect them to be as good as the seller claims they are. They look for utility when they purchase the goods.
Addressing the goal of provides assurance that goods and services will be available and payments will be made on time.?
Economic equity
