Savage2191 Savage2191
  • 11-09-2018
  • History
contestada

Explain how the entrepreneur, consumer, and government interact in our economy.

Respuesta :

DukeMoseti
DukeMoseti DukeMoseti
  • 20-09-2018

The entrepreneur can be considered as producers who make decisions on what to produce and offer to the market based on price which is basically a function of supply and demand. The consumer makes decisions on what to purchase and this leads to demand which affects the decisions of the entrepreneur. Government is also a consumer and a producer through investment spending

Answer Link

Otras preguntas

Magda drew a figure on a coordinate plane below. Which of the following describes Magda's transformation. A. She rotated the figure 90° counterclockwise about t
rebecca latimer felton is most famous for
What does the word aspects mean in this sentence. Lee solved all aspects of the problem a. Angles B. Pledges C. Entrances D. Corrections What does the word
What is first and second element of the periodic table?
Fault lines are: the crust of the lithosphere that has fractured along plate boundaries and ridges the crust of the athenosphere that has fractured along plate
Which statement accurately describes the Islamic Empire following Muhammad's death?
Sunlight is a form of electromagnetic energy true of false?
_________________ adjust, repair, and tune instruments to improve their sound. A).Producers and directors B).Musical instrument repairers and tuners C).Singers
The use of repeated k sounds in the line"I hacked and broke the dark limb" is an example of
What is 0.0314 written in scientific notation?