What is the primary role of a producer?
Responses
a inventing new technologies
b using goods and services
c creating goods and services
d providing goods and services
c creating goods and services
In order to know what people want to buy and how much they're willing to pay, producers pay attention to which of the following?
a economic indicators
b socialist planning
c consumers' purchases
d resource allocations
c consumers' purchases.
Which role do workers play in the economy?
a act as both consumers and producers
b deliver goods and services to consumers
c make decisions based upon the business model
d invent new technologies
a act as both consumers and producers.
Which group of players uses the goods and services produced in the game of economics?
a consumers
b workers
c economists
d producers