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You live in an economy with a circular flow of influences and inputs between producers and consumers Producers make goods and provide services that go to the consumers to be used Prices are determine?
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∙ 8y ago
Free market
Wiki User
∙ 8y ago
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Because the choices of consumers influence producers and the choices of producers also influence consumers the free-market system has which of the following?
A circular flow of influences
What groups of players make all of the economic decision in a free-market system?
consumers and producers
Which best explains how a free market system has a circular flow of influences?
Consumers decisions affect producers, and producer decisions affect consumers.
What is the relationship between producers and consumers in economics?
Producers make the goods and consumers buy and use the goods.
Why Is sun Important to producers and consumers?
because if the producers don't get sunlight they wont grow thus the consumers will have nothing to eat
Because the choices of consumers influence producers and the choices of producers also influence consumers the free-market system has which of the following?
A circular flow of influences
Are plants consumers or producers?
animals are consumers and plants are producers.
Are carnivores consumers or producers?
they are both consumers and producers
Are buttercups producers or consumers?
Primary consumers
What groups of players make all of the economic decision in a free-market system?
consumers and producers
Are bryozoans decomposers,producers or consumers?
Producers
What do consumers do that influences producers according to the circular flow model?
Purchase goods and services
How are consumers related to producers?
Producers are the food for primary consumers.
Differentiate producers from consumers?
You can differentiate between producers and consumers by understanding that producers make their own food. Consumers cannot do that.
Are autotrophs producers or consumers?
Producers.
How are consumers and producers of today different from consumers and producers years ago?
how is the producers and consumers from today different from years ago.
A stable pond ecosystem would not contain?
consumers without producers
