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What role do people who go to the market play in the circular flow model?
Wiki User
∙ 9y ago
The people who go to the market are consumers.
Wiki User
∙ 9y ago
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What role do businesses that go to the market play in the circular flow model?
Businesses go to the market to sell their product.
Simple circular flow model shows that?
A simple circular flow model shows the flow of goods and services through the economy. It is basically a model that shows supply and demand in an economy.
What does the flow of money determine in the circular flow model?
The allocation of resources. :P
According to the circular flow model what is something consumers do that influences producers?
Purchase goods and services
What effect do consumer-protection regulations have on the circular flow of the free-market system?
They inspire consumer confidence, which leads to increased purchases from producers.
What is the role for consumers and producers in a free market system?
A circular flow model
What role do people who go into the market play in the circular flow model?
Consumers to buy
How does the circular flow market of a mixed economy compare with that of a market economy?
Government is added into the circular flow model of a mixed economy.
How does the circular flow model of a mixed economy compare with that of a market economy?
Government is added into the circular flow model of a mixed economy.
Does the circular flow model of a mixed economy compare with that of a market economy?
Government is added into the circular flow model of a mixed economy.
What role do businesses that go tothe market play in the circular model?
what role do businesses that go to the market play in the circular flow model
What are the two payments in the free market circular flow model?
Resource markets and product markets are the two payments int he free market circular flow model. Both of these markets are for businesses and households.
What are the actions of producers in the circular flow model?
sell good and services i the market
What role do business that go to the market play in the circular flow model?
to sell their product
What does the circular flow model show?
the interactions between households and businesses in the free market
Why circular flow model characterizes the free market system?
Consumers and producers influence each other in a circular fashion.
What role do businesses that go to the market play in the circular flow model?
Businesses go to the market to sell their product.
