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They take information, and from it, determine good purchases. The information being a "resource"

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15y ago

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Socially responsible consumers prefer to buy from companies that use what?

Renewable resources


People who use resources to make goods andor provide services are called?

entreprenuer


Would you consider people to be producers consumers or both?

People can be both producers and consumers. As producers, they create goods or services to meet the needs of others. As consumers, they use resources to satisfy their own needs or desires by purchasing goods or services.


Who owns the resources in market economy?

Consumers


Why is the price system a efficient way to allocate resources?

ensures that resource use will adjust relatively quickly to the changing demands of consumers


What are five differences between producers and consumers?

producers: make not take in, they absorb, they dont hunt for prey, they make themselves, and they dont harm consumers: take in things, hunt for things to eat, they dont make theirselves


Who is consumers Explain?

Consumers are the Creatures that use up products.


How can natural resources affect a nation's economy?

without natural resources government cannot sustain the needs and wants of the consumers.


When consumers needs and wants are greater than the resources available to satisfy them?

Scarcity.


How are tolls and user fees different from taxes?

Tolls and user fees are collected by consumers as they use resources and are used to keep maintenance up and to take care of the place collecting them. They are considered polite since consumers should help with the upkeep and this is a way to do so. Taxes are money collected no matter if you use the resource or not.


What are the capital resources on a pencil?

Capital resources for a pencil include the materials and tools used to manufacture it, such as graphite, wood, clay, and metal for the ferrule. Additionally, the machinery and equipment used in the production process, as well as the facilities where pencils are made, are also considered capital resources. These resources are essential for creating the final product that consumers use.


How can i use consumers in a sentence?

The consumers feed on the producers. The consumers are getting a raw deal with the increase in electricity prices