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Which best describes the role of a consumer? |
buying goods |
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Consumers influence producers because consumers supply |
necessary capital. |
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Studying economics best helps an individual determine how to achieve economic |
goals. |
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A producer would most likely |
serve in a coffee shop. |
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Based on the lesson, what would most effect the price of a new laptop computer? |
the demand for the added performance elements |
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An economist most likely spends time studying |
interactions between producers and consumers. |
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Which activity would a consumer most likely perform? |
filling a lawnmower with gas |
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Which situation best illustrates the concept of scarcity? |
a person buying a used car due to limited income |
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What determines the balance of production and consumption? |
scarcity |
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