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The agreement between the producer and consumer on the price is called the?
The agreement between the producer and consumer on the price is called the equilibrium price. This is the point at which the quantity supplied by the producer matches the quantity demanded by the consumer, resulting in a stable market price.
Is a slug producer or consumer?
It is a consumer.
Is a scorpion a producer a decomposer a consumer?
consumer
Is a daffodill a decomposer a consumer or a producer?
producer
Is the Musk Ox a producer or consumer it is a consumer?
The Musk Ox is a consumer of plants not a producer.
A relationship between a producer and consumer is best illustrated by a?
Animals: Grass (producer) and a Cow (consumer) Economy: Factory (producer) and Buyer (consumer)
What is an example of a producer and consumer relationship?
the producer (grass gets eaten by a consumer (deer)
How would you describe the relationship between a deer and a plant?
The plant is a producer and the deer is a consumer.
What is the relationship between deer and grass that describes ecological relationship?
Producer (grass) and First Level Consumer(deer).
What is the difference between consumer and producer in economics?
The producer supplies good and services and the consumer demands them.
Is a pollack a producer or consumer?
is a pollack a producer, or a consumer
Consumer surplus and producers surplus?
Consumer surplus - the difference between what a consumer is willing to pay and what they actually pay. Aggregate consumer surplus measures consumer welfare. Producer surplus - the difference between what a producer is willing to sell their product for and what they actually receive. Aggregate producer surplus measures producer welfare
What is the relationship between a consumer and producer is best illustrated by a?
The relationship between a consumer and producer is best illustrated by a supply and demand graph. In this model, producers supply goods and services based on market demand, while consumers drive demand by purchasing these products. The interaction between the two determines prices and the quantity of goods exchanged in the market. This dynamic illustrates how consumer preferences influence production decisions and vice versa.
What are the differences between producers and consumers?
The difference between a producer and a consumer is that a producer makes his own food and consumer purchases his own food.
What is the difference between a producer and a consumer in an ecosystem?
A producer makes products while the consumer uses or really consumes them
What is a gecko a producer a consumer or a decomposer?
Consumer. Trees are a producer, detritovores are a decomposer (worms) and everything between are consumers.
Is a lizard a consumer decomposer or a producer?
Consumer. Trees are a producer, detritovores are a decomposer (worms) and everything between are consumers.
