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Because they do not make their own food and have to eat food made from other organisms.
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∙ 11y ago
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Why do markets exist?
Markets allow people to buy what they need to consume and sell the specialized goods and services they produce.
A system that produces more goods and services than citizens can consume?
A.Economy of abundance
The circular flow of economic activity is characterized by?
How people produce (make money) and consume (spend money).
Which of these statements is most complete with regard to the role of the producer in an economy?
Producers consume both goods and services.
How do people use currency to provide for goods and services?
People use currency to provide goods and services by spending and buying
People consume particular goods or use particular services because the goods or services have?
utility
What do economic decision involves with resources to produce goods and services for people to consume?
Allocating
Economics decisions involve doing what with resources to produce goods and services for people to consume?
Allocating
Economic decisions involve doing what with resources to produce goods and services for people to consume?
Allocating
People consume particular goods or use particular services because the goods or services have what?
They have utility. They have been convinced by advertising that they want them, need them, or theirs is the best one.
Why do markets exist?
Markets allow people to buy what they need to consume and sell the specialized goods and services they produce.
A system that produces more goods and services than citizens can consume?
A.Economy of abundance
What is the name given to describe people who use goods?
The people who use goods, consume the goods, SO ... They are called Consumers.
What services are offered by FreeBay?
The services offered by Free Bay are for people who have goods or excess goods they don't need or use anymore. They have also introduced the Swop Shop page where a person can trade goods for goods, goods for services, services for goods, and services for services.
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 circular flow of economic activity is characterized by?
How people produce (make money) and consume (spend money).
