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How is the government is both a consumer and a producer and give one example of the government playing each role?
The government pays farmers to produce crops and then buys them for distribution to those in need. In this way the government is both a consumer and producer of the same product.
What is the role of consumer and producer in a free market system?
The producer produces (makes) the product, and sells it to the retailer (the store). The consumer (you and me) goes to the retailer and buys the product.
How does information provided by the government infulence consumer decisions?
If the information is reliable and current then it ifulences the consumer to make a decision based on the information provided
What impact does the car industry oligopoly have on competition and consumer choice in the market?
The car industry oligopoly limits competition by allowing a few large companies to control the market, which can lead to higher prices and less variety for consumers. This can restrict consumer choice and make it harder for smaller companies to enter the market.
What type of system does the government make no economic decisions?
The type of system where the government makes no economic decisions is known as a free-market economy. In this system, economic decisions are driven by individual choices and market forces, such as supply and demand. Businesses and consumers operate with minimal government intervention, allowing for competition and innovation. This approach promotes efficiency and consumer choice but can also lead to inequalities and market failures.
Is an apple a producer or a consumer?
Apple is a producer, they make products
Is an apple an producer or consumer?
Apple is a producer, they make products
Is a duck a producer consumer or a decomposer?
A duck is a consumer. They do not make their own food (producer), and they don't eat waste (decomposer) so therefore they are a producer.(:
How is the government is both a consumer and a producer and give one example of the government playing each role?
The government pays farmers to produce crops and then buys them for distribution to those in need. In this way the government is both a consumer and producer of the same product.
Is a duck a producer or consumer or decomposer?
A duck is a consumer. They do not make their own food (producer), and they don't eat waste (decomposer) so therefore they are a producer.(:
Is a duck a consumer producer or a decomposer?
A duck is a consumer. They do not make their own food (producer), and they don't eat waste (decomposer) so therefore they are a producer.(:
Is a duck a consumer or a producer decomposer?
A duck is a consumer. They do not make their own food (producer), and they don't eat waste (decomposer) so therefore they are a producer.(:
Is an insect a producer or a consumer and why?
It's a consumer because it can't be a producer because it doesn't make it's ken food.
Is a herring gull a producer or a consumer?
It is a consumer because it does not make its own food.
Is a strawberry a consumer or a producer?
Producer
Is a coyote a producer or a consumer?
consumer
Is a coyote a producer or cosumer?
A producer is a green plant of some sort. So, that will make a coyote a consumer.
