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Which describes a situation where competition between producers exist?
two or more producers are trying to sell the same good or service to the same consumers
What is the difference between the situation where competition and producers exists?
two or more producers are trying to sell the same goods and service to the same consumers
Which best explains how a free market system has a circular flow of influences?
Consumers decisions affect producers, and producer decisions affect consumers.
What groups of players make all of the economic decision in a free-market system?
consumers and producers
What is the relationship between producers and consumers in economics?
Producers make the goods and consumers buy and use the goods.
Which describes a situation where competition between producers exist?
two or more producers are trying to sell the same good or service to the same consumers
What is the difference between the situation where competition and producers exists?
two or more producers are trying to sell the same goods and service to the same consumers
Which best explains how a free market system has a circular flow of influences?
Consumers decisions affect producers, and producer decisions affect consumers.
What do producers affect?
Producers somehow affect - whether directly or indirectly - every organism in their ecosystem. All producers make their own food - either through photosynthesis or chemosynthesis, and the consumers of the ecosystem eat the producers, and other consumers eat those consumers, and eventually every organism in that ecosystem has consumed producers.
Are plants consumers or producers?
animals are consumers and plants are producers.
Are carnivores consumers or producers?
they are both consumers and producers
What groups of players make all of the economic decision in a free-market system?
consumers and producers
How are consumers related to producers?
Producers are the food for primary consumers.
Are buttercups producers or consumers?
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.
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.
Are manta rays producers or consumers?
Producers....
