What is the role of consumers in determining what is produced in a market economy?
A) Consumers work in the production of goods.
B) Consumers set the prices for goods in the market.
C) Consumers use their buying power to determine goods produced.
D) Consumers act as the sole determinant of what products are supplied.

Answers

Answer 1

The role of consumers in determining what is produced in a market economy is that consumers use their buying power to determine the goods produced. The correct option is c.

Who are consumers?

Consumers are a person or a group who intends to order or use purchased goods, products, or services primarily for personal, social, family, household and similar needs and are not directly related to entrepreneurial or business activities. The term most commonly refers to a person who purchases goods and services for personal use.

The law primarily uses a notion of the consumer about consumer protection laws, and the definition of consumer is often restricted to living persons and excludes commercial users. A typical legal rationale for protecting the consumer is based on the notion of policing market failures and inefficiencies, such as inequalities of bargaining power between a consumer and a business. As all potential voters are also consumers, consumer protection has a clear political significance.

Concern over the interests of consumers has spawned consumer activism, where organized activists do research, education and advocacy.

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Answer 2

Final answer:

In a market economy, consumers play a pivotal role in determining what is produced by using their purchasing power to showcase preferences, which informs businesses about which goods and services to supply.

Explanation:

The role of consumers in determining what is produced in a market economy is critical and can be explained through the concept of consumer sovereignty. Consumers influence production decisions indirectly through their buying choices. Each consumer, using their purchasing power, expresses their preferences by buying certain goods and services and not others. Businesses take these cues to decide which goods and services to produce more of. This behavior of consumers using their buying power to inform production is the essence of demand in market economies. Companies strive to meet this demand to maximize profit, making the consumer an essential driver of the economic machine. Hence, the correct answer to the student's question is C) Consumers use their buying power to determine goods produced.

While choices made by consumers greatly influence the market, they do not set prices directly nor act as the sole determinant of what products are supplied, as companies also forecast trends and innovate independently. Consumers do work in the production of goods to an extent, but it is not the primary role relevant to the question.


Related Questions

Why were many enslaved Africans brought to colonial American ? A. To till the poor soul on New England farms .
B. to labor on the dock in the Southern colonies .
C. to work on the plantations of the Southern colonies
D. to help New England women with house hold chores
HELPPP

Answers

Answer:

c

Explanation:

The United States placed a wheat embargo on which country in the late 1970s and early 1980s?

Afghanistan
Iran
Israel
Soviet Union

Answers

The United States placed a wheat embargo on Soviet Union in the late 1970s and early 1980s. The appropriate response is option D.

Why did United States placed a wheat embargo on Soviet Union?

In reaction to a Soviet Government's invasion of Afghanistan in 1979, US President Jimmy Carter implemented the grain embargo against Soviet Union in January 1980. It persisted until Ronald Reagan, who had just been elected president in 1981, put an end to it.

The United States responded to the Soviets Government's invasion of Afghanistan in 1979 with a number of economic restrictions, including a grain embargo. Additionally, the 1980 Moscow Olympics were boycotted under American leadership.

The Soviet Union barely felt the effects of the embargo since it was still able to acquire more grain from Argentina, its second-largest trading partner.

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A country governed by a dictator is likely to have all of the following except a —

A. Court system

B. Military

C. Legislature

D. Free press

Answers

I believe that the answer is A

A dictatorship is a type of government where a single person or party has absolute power. This means that the ruler or party has complete control and the rights of the people are suppressed. This means the answer is A


France, Great Britain, and Russia made up the _____ during World War I.

Central Powers
Neutral Powers
Allied Powers

Answers

Great Britain, France and Russia were the allied powers in World War One.

France, Great Britain, and Russia made up the _____ during World War

( Allied Powers )

Based on the rules of the electoral college who will win the election and why? Apex option D is Torres will win because close races are decided by the U.S. House of Representatives.

Answers

Option  B. Marcus will win because she has the required number of electoral votes.

In the U.S. presidential election, the Electoral College ultimately decides the winner, not the popular vote. Each state has a certain number of electoral votes, and the candidate who wins the majority of electoral votes becomes the president. A total of 270 electoral votes out of 538 is required to win the election.

In this scenario, even though Republican candidate Ted Torres received 51% of the popular vote, Democratic candidate Rosa Marcus received 5 more electoral votes than Torres, bringing her total to exactly 270. Since Marcus reached the necessary 270 electoral votes, she wins the election, regardless of the popular vote outcome. Therefore, the correct answer is:

Debates in the US Congress allows members of Congress to

Answers

the answer is:  learn more about the pros and cons of adopting a new law

During the debate, both supporter and the opposition of the new law each would present their case on why a certain law is shouldn't or must be created. At this moment, they would be exposed to each other's idea and learn a couple new perspectives that they might not realize before the debate.

Answer:

C. learn more about the pros and cons of adopting a new law

Explanation:

Debates allow the members of parliament to exclusively search for new aspects of the law. Both supporters and opposition members need to know the law thoroughly and could understand each other's propositions in a better way. Thus minutes flaws can be detected and could minimize to greatest possibility. Both the pros and cons of the proposed law would be discussed and interpretation from both sides could be heard.

how did imperialism play a role in sparking world war l?

a) germanys desire for colonies overseas provoked military incidents with established imperial powers.

b) britain’s desire for colonies overseas provoked military incidents with established imperial powers

c) britain needed a large navy in order to protect its overseas colonies from other nations

d) germany needed a large navy in order to protect its overseas colonies from other nations

Answers

Answer: A

Explanation:

Answer:

a) Germany's desire for colonies overseas provoked military incidents with established imperial powers.

Explanation:

Hope this helps :)

In Congress, screening bills for floor consideration is a major duty of...?
A) committee members
B)constituent servants
C) constituent rep
D) politicians

Answers

Hello There!

In Congress, screening bills for floor consideration is a major duty of "Committee Members"

Committee members is the right answer :)

which house of Congress gives small and large states equal representation​

Answers

Answer:

Senate

Explanation:

There are two houses, Senate and House of Representatives.

The Senate is made up of 100 Senators, in which each state is given 2 senators. This is to keep the Senate balanced, and to make sure that the smaller states have as much of a voice in the government as the bigger states.

The House of Representatives is made by converting the population of each state into the amount of representatives the state gets. The more citizens living in a state, the more representatives the people of that state get. This insures that the amount of power is proportional, in which more population means a higher need for greater voice inside Congress.

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Which of the following was an affect of the GI Bill?

a. The government started rationing goods
b. a new middle class and suburbs started to emerge
c. fewer families were started due to increased opportunities to go to school
d. Returning soldiers had difficulty readjusting to life in the US

Answers

Answer:

b. a new middle class and suburbs started to emerge

Explanation:

The GI Bill was a move by the US government that had an excellent effect. For starters, it was a very humane move, as the veterans that returned from war needed support in order for their lives to continue normally and not become homeless or end up struggling. There were multiple things implemented in order to help the veterans, such as free education, more hospitals were built, as well as allowing them to take low interest mortgages. The effect from this measures was excellent, as the majority of the veterans flourished with the presented opportunities, leading to the creation of a new, strong middle class, as well as the emergence of new suburbs.

Why does the narrator hide in a tree

Answers

Answer:

Which narrator??

Explanation:

what do u mean ? which narrator ?

Two of the uns chief goals are promoting ____ and _____

Answers

Answer:

Explanation: two of the uns chief goals are promoting social progress and better living

Two of the UN's chief goals are promoting social progress and improving the standards of living for all people, as well as encouraging tolerance and peace in interactions among nations.

The United Nations (UN) has several key goals. Two of the most significant goals are:

Promoting social progress and improving the standards of living for all peopleEncouraging tolerance and peace in interactions among nations

These goals are aimed at fostering global development and maintaining international peace and security. By addressing social inequality and mitigating conflicts, the UN strives to create a more just and peaceful world for everyone.

★ BRAINLIEST ANSWERS WILL BE CHOSEN ★
Choose all that apply.

From your understanding, this map shows ______.

1) Africa as it was in 2010
2) a snapshot of the changing landscape of African nations
3) the impending conflict in Sudan
4) that Botswana is larger than South Africa
5) the threat Libya was to Egypt before 2010

Answers

Answer:

I guess its A

Explanation:

Answer:

A. Africa as it was in 2010

Explanation:

The footnote clearly points to that. The map was obtained from the library of Congress in 2011.

After war 2 a main concern of the Soviet Union was

Answers

Answer:

Inflation & Food

Explanation:

After World War 2, the Soviet Union had to transition from a war footing to a peacetime footing and was largely decimated in the Western half of the country by war. So, food and economics were a problem.

Another name for unfairness in judgment, prejudice and partiality is _________. discrimination integration segregation race ethnic group

Answers

Answer:

Another name for unfairness in judgment, prejudice and partiality is discrimination.

Explanation:

The action of discriminating involves mistreating another person due to his/her identity or characteristics.

Different forms of discrimination are:

Direct Discrimination: it occurs when an individual is  not treated as equal as others are in the same context.Indirect Discrimination: this takes place when there is an implementation of certain rule or policy that affects a certain group of people, and causes them to be treated differently.Discrimination by Association: here, people are discriminated for being in the company of somebody that has a certain characteristic (for example, race).Discrimination by Perception: it is evident when someone is assumed to have certain characteristic because of their appearance or way to express, and is discriminated for this reason.Harassment: it involves improper behavior performed by someone in order to insult, humiliate, or threaten another person. It can be present in physical and verbal form.Victimization: Is a kind of discrimination that occurs when a victim reports an act of discrimination against him or someone else, as a retaliatory action.

Another name for unfairness in judgment, prejudice and partiality is _________.

-discrimination -

integration

segregation

race

ethnic group

How is a grand jury different from a petit jury? A petit jury is a small group of people who decide guilt or innocence. A grand jury is a large jury that hears a criminal trial. A grand jury decides whether to try someone for a crime. A petit jury decides who to try for a crime in a state court.

Answers

A petit jury is a small group of people who decide guilt or innocence. Thus, option A is appropriate.

A jury is a group of individuals who have taken an oath of allegiance and have been called together to hear testimony and decide a case based only on the evidence that has been presented to them by the court, or to determine a punishment or judgment. The English common law system is characterized by juries, which were formed in England throughout the Middle Ages.

Judges are single individuals, whereas juries are groups of persons who have been sworn in. To reach objective judgments or convictions, juries are made up of individuals chosen from a variety of backgrounds and sworn in.

Thus, option A is correct.

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The Northern Renaissance is MOST associated with

Answers

The Northern Renaissance, unlike its Italian counterpart, is known for a unique focus on landscape and genre painting, the influence of the Protestant Reformation, and its emergence during the decline of feudalism and rise of nation-states in Northern Europe

The Northern Renaissance is most closely associated with a cultural and intellectual movement that extended the influence of Renaissance humanism beyond Italy to regions like Germany, France, England, the Netherlands, and Poland after 1450. Unlike the Italian Renaissance that was deeply rooted in classical antiquity's revival, the Northern Renaissance developed unique qualities, such as an increased focus on landscape and genre painting. The Protestant Reformation also closely intertwined with the Northern Renaissance, influencing art and society significantly during this period.The movement in the North was shaped by the less direct influence of classical art and architecture due to the geographical distance from Italy. Instead, artists such as the Romanists drew upon the style and themes of Michelangelo and Raphael while innovating in other areas. This era witnessed the emergence of powerful nation-states, distinct from the city-states prevalent in Italy, and the resultant centralization of political power played a role in the development of renaissance culture in the North.

Key Contributions in Northern Renaissance

Triptych paintings and altarpieces with distinctive Northern themesDiverse subject matter including landscapes and genre scenesAdvances in literature, architecture, sculpture, and textiles

Understanding the contributions and characteristics of the Northern Renaissance art during periods like the Reformation is critical for appreciating its lasting impact on Western art history.

Which of the following is an example of the impact trade had on the people of Southern and Eastern Africa?

A.
Eastern Africans practiced the same religion as their ancestors.

B.
Those living in Southern Africa were isolated from the rest of the world.

C.
Southern Africans only use goods that are produced in their nation.

D.
Millions of people in East Africa speak a form of Bantu.

Answers

Answer:

d I believe is the correct answer

The correct answer is D) Millions of people in East Africa speak a form of Bantu.

The option that is an example of the impact trade had on the people of Southern and Eastern Africa is "millions of people in East Africa speak a form of Bantu."

The Bantu people are a large group of tribes that live in South an East Africa. Historians have identified more than 400 hundred ethnic groups from the Bantu. It is believed that such a number of Bantu people comprises 30% of the actual population in the continent. History research concluded that trade played an important role in the spread of Bantu languages all over Africa 4000 years ago.

Which event happened first?
Allied forces landed in Sicily
Allied forces landed in Normandy
Mussolini resigned
Hitler surrendered.

Answers

Answer:

Allied forces landed in Sicily

Explanation:

The Allied forces first went for Italy, as it was Germany's ally and with moving it out of the scene Germany was going to be alone in the war. This started with the landing of the Allied Forces in Sicily on July 10 1943. The Italian army was large, but it was not well equipped or trained, which led to losing battle by battle, so the Allied Forces managed to defeat Italy relatively easily. Mussolini resigned after the defeat, just few months after the landing in Sicily of the Allied Forces, or more specifically on October 13 1943.

Answer:

Allied forces landed in Sicily

Why is northern Africa much warmer than southern Africa

Answers

Answer:

Explanation:

The sun's rays are closest to the equator. There are much stronger there than (say) at the poles.

The further you move from the equation going south (in this case). the less strong the sun's rays are. So the northern part of Africa is very close if not right on the equator, while the southern part of the continent is much farther than the northern part.

Answer:

north Africa is closer the the equator.

Explanation:

The table shows the distribution of population (in millions) in medieval Europe in three different years. Complete the sentences based on the data in this table.
Year
1000
1340
1450
Southern Europe
17
25
19
Western Europe
12
35.5
22.5
Eastern Europe
9.5
13
9.3
Medieval Europe (Total)
38.5
73.5
50

This period saw deaths in western Europe than in eastern Europe.
The percentage of population decline during this period was .

Answers

Answer:

The period between 1340 and 1450 saw more deaths in Western than in Eastern Europe.

The percentage of population decline during this period was 31.97%.

Explanation:

During the period between 1340 and 1450 Europe was facing the plague that arrived from Asia. All of the continent had very big losses in population, with Western Europe being the most affected of them all. Western Europe lost around one third of its total population, while Eastern Europe for comparison lost around one quarter of its population, which was still a lot. The total population of the continent decreased by 31.97%. This led to big weakening of the European countries, especially when it came to economy and military power, but it also triggered major changes in the societies.

I believe the answer is MORE and HIGHER IN WESTERN EUROPE

In 1972, the Watergate break-in occurred at the offices of
the Democratic National Committee.
Special Prosecutor Archibald Cox.
the Committee to Re-Elect the President.
Nixon’s former lawyer, John Dean.

Answers

A. The democratic national committee

In 1972, the watergate scandal break-in occurred at the offices of the democratic national committee. The correct option is a.

What is the watergate scandal?

The Watergate scandal was a major political scandal in the United States involving the administration of President Richard Nixon from 1972 to 1974 that led to Nixon's resignation. The scandal stemmed from the Nixon administration's continual attempts to cover up its involvement in the June 17, 1972 break-in of the Democratic National Committee headquarters at the Washington, D.C., Watergate Office Building.

After the five perpetrators were arrested, the press and the Justice Department connected the cash found on them at the time to the Committee for the Re-Election of the President. Further investigations, along with revelations during subsequent trials of the burglars, led the House of Representatives to grant the U.S. House Judiciary Committee additional investigative authority to probe into certain matters within its jurisdiction.

And led the Senate to create the U.S. Senate Watergate Committee, which held hearings.

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How did harbors help to develop trade as a primary economic activity in the New England economy?

Answers

Answer:

American exports had a lower value than English imports

Explanation:

because america has included a lower value on the English imports and goods

The harbors help to develop trade as a primary economic activity in the New England economy as America has included a lower value on the English imports and goods.

How does trade develop in New England's economy?

New England was residing against the coastline which provided it with higher harbor facilities. It made the country an emerging maritime economy.

Therefore, it provided easy trade procedures and higher interaction with other nations. Further, the US was giving free trade policy with New England.

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have the attempts at democracy in china and nations in latin america, africa and the former soviet bloc been worthwhile?

Answers

Democracy became hard to attain in Latin American international locations plagued by means of poverty and inequality. From the Fifties on, many businesses pressed for reforms. Conservatives, but, resisted reforms. A battle between conservatives and reformers contributed to political unrest in many countries.

When did Latin the US come to be democratic?

For this reason that the beginning of the Nineteen Eighties, there has been a marked fashion closer to democratization in the Latin United States. Elections of presidents and high ministers were held in some of the international locations in 1988 and 1989, placing democratization inside the location to an actual check.

At present, nearly all of the 33 Latin American and Caribbean international locations have mounted democratic governments. (In Haiti, an intervening time civilian authorities are in strength. A standard election will take vicinity shortly.)

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you buy certain supplies in south africa would it have been less expensive to buy these supplies in 2013 or in 2020​

Answers

Answer:

2013

Explanation:

It would be less expensive to get things from Africa in 2013 than 2020 because certain resources are going to become more scarce over time bringing the prices up.

Answer:

2013 is the correct answer.

Explanation:

Inflation is a term that refers to a general increase in prices and the lose of the purchasing value in money; it happens in most countries and it usually gets worse as time passes, meaning that buyers can buy less things with the same amount of money through different periods of time. Due to this, a product that was $3 dollars in 2013, could be more expensive as of today.

Why is Hammurabi’s code important?

A. It was the first time any ruler or society attempted to use written law that applied to everyone.

B. It was a major step forward for civilization Because it protected the weak from the strong

C. Hammurabi based his code of law on the religious principles of the Sumerians

D. Many of the laws in use today come from Hammurabi’s code

Answers

The Answer is C: Hammurabi based his code of law in the religious principles of the Sumerians.

It was a major step forward for civilization because it protected the weak from the strong.

I TOOK  THE TEST

were the states that border the Pacific Ocean free states or slave states​

Answers

They were free states

How many soldiers were killed in World War I?

Answers

Answer:

Around 37 million people...

Explanation:

This includes everyone from both sides of the war.

How are developed nations and developing nations similar? (5 points)

Answers

Answer:

Developed nations are generally categorized as countries that are more industrialized and have higher per capita income levels. Developing nations are generally categorized as countries that are less industrialized and have lower per capita income levels.

Explanation:

When we compare developed and developing nations, the most obvious point of comparison is the fact that developed nations are more advanced economically and technologically than developing nations. However, both types of countries share some similarities. Developing nations have many of the things that developed nations have, including a good financial system, a system of taxation, laws that apply equally to all people, basic infrastructure and a significant working population. Moreover, developing nations are expected to continue growing until they reach the level of developed nations.

what is located at 20 degrees south latitude 45 degrees east longitude in africa?

Answers

Answer:

It’s: Beira, Mozambique

Explanation:

The Mozambique Channel is located at 20 degrees south latitude and 45 degrees east longitude in Africa.

Define latitudes and longitudes.

Latitudes are level lines that degree separate north or south of the equator. Longitudes are vertical lines that degree east or west of the meridian in Greenwich, Britain. Together, scope and longitude empower cartographers, geographers, and others to find focuses or places on the globe.

Both longitude and latitudes are points measured with the center of the soil as a root. Longitude is a point from the prime meridian, measured to the east (longitudes to the west are negative). Latitudes degree a point up from the equator (latitudes to the south are negative). The latitude is indicated by degrees, beginning from and finishing up at 90° to both sides of the equator.

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