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mina [271]
2 years ago
10

The role of producers in a market economy

Social Studies
1 answer:
Iteru [2.4K]2 years ago
4 0
A producer is someone who creates and supplies goods or services. Producers combine labor and capital—called factor inputs—to create—that is, to output—something else. Business firms are the main examples of producers and are usually what economists have in mind when talking about producers.
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