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NemiM [27]
3 years ago
10

(T/F) In our economic system, consumer needs and wants to determine, to a large extent, what goods and services will be produced

.
Social Studies
1 answer:
sammy [17]3 years ago
8 0

Answer:

Consumer preferences and resource scarcity determine which goods are produced and in what quantity; the prices in a market economy act as signals to producers and consumers who use these price signals to help make decisions. Governments play a minor role in the direction of economic activity. true

Explanation:

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The bullwhip effect.

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This effect ocurs when a company orders more goods to meet the anticipated new demand. It happens because the demand for goods is based on demand forecasts from companies, rather tah actual consumer demand. (They end with a lot of storage and no one is buying, in this example.)

Hope this is usefull!

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3 years ago
What body of water borders the coastlines of Texas, Louisiana ,Mississippi ,Alabama ,and Florida
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How the Constitution and Its European influences support the modern concept of American citizenship and citizens rights and resp
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The US Constitution was influenced by the European enlightenment movement more specifically by the philosopher John Locke. John Locke defended that all people have natural rights - life, liberty and property - and the role of the government is to protect those rights. If the government fails to do so, people have the right to form a new government.

This reflects directly on citizenship and citizens' rights and responsibilities because it gives people more means to get involved in the government and politics, protects voting rights and opens other possibilities such as referendum and city councils.

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4 years ago
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Answer:

He is in the phase of life known as C. emerging adulthood.

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In this case, Javier is 20 years old so he is between the adolescent and adulthood stage. He is still dependent on his parents but is able to explore his identity further as well as self-focus, for example.

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