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Who consumes the goods and services market economy?

You Do!


Who decides who Consumes goods and services in a market economy?

Consumers


What is a person who consumes goods and services but does not pay for it?

A theif maybe?!


Economic question answered by basic social values and goals?

The three economic questions are answered. What goods and services should be produced? How should these goods and services be produced? Who consumes these goods and services? its a trick question


According to the circular flow model which of the following do producers provide to consumers?

wages APEX


How do you place a value on money?

By the amount of goods or services you can buy for it. By the amount of goods or services you can buy for it. By the amount of goods or services you can buy for it. By the amount of goods or services you can buy for it.


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.


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


20 percent of the world's population consumes what percent of the world's goods?

20 percent of the world's population consumes approximately 80 percent of the world's goods, indicating a high level of consumption inequality.


What are the two sectors model economy?

The two sector model consists of the: Household Sector: The household sector includes everyone in an economy who consumes goods and services. Business Sector: The business sector contains the private, profit-seeking firms in the economy that combine scarce resources into the production of wants-and-needs satisfying goods and services.


What are the four fundamental economic questions?

What goods and services will be produced?How will the goods and services be produced?Who will get the goods and services?How will the system accomodate change?


Is a supplier of goods and services a customer?

A supplier of goods and services is commonly referred to as a vendor. Unless they are buying your goods or services they are not a customer.