Consumers influence how goods and services are made by

1 answer:

8 0

The basic economic theory states that "When there is demand efforts will be made to satisfy this demand by virtue of supply." Now in an economic system the consumer dictates the demand and so the supply has to satisfy the demand.So the suppliers have to model their products and services which corresponds to demands of the consumers.

You might be interested in

Reconstruction ended with the election of ___ as President.

BigorU [14]

The last one. Rutherford B. Hayes

5 0

3 years ago

Which describes a similarity between abiotic and biotic factors?

Dvinal [7]

Answer:

They are both necessary for organisms to survive

Explanation:

<h2>hope it helps you<3</h2>

8 0

2 years ago

Read 2 more answers

In a study to determine whether viewing pictures of poverty-stricken children increases the tendency for people to donate money

ss7ja [257]

Answer:

The dependent variable is the amount of money each group chooses to donate.

Explanation:

A simple way to be able to identify the dependent variable from the independent variable is to observe which element of the research is stimulating something to happen and what this "something" is. This is because the independent variable is the one that has the power to influence the occurrence of "something." This "something" is the dependent variable that occurs when it is influenced by the independent variable.

In the case of the above experiment, we can see that researchers want to research whether looking at pictures of poor children is able to influence the amount of money a person would donate to a charity. Thus, we can affirm that the picture of poor children is the independent variable of the experiment, while the amount of money donated by each group is the dependent variable.

3 0

2 years ago

Which Google offering could you use to measure the number of people who click or view your ads and later visit your business loc

denis-greek [22]

Answer:

Google Store visits conversions.

Explanation:

This feature allows you to track your most effective ads, and see how many people click your ads, and then visit your store.

It's useful because you can adapt your marketing campaign to your current needs, your consumers and your location, based on the success or failure of your current ads.

3 0

3 years ago

Which of the following has been an advantage of the privatization of farming?

gtnhenbr [62]

I think A is the answer

3 0

3 years ago