Business, 14.04.2021 06:20 savannahvargas512

1. How is the role of the consumer important in an economic system? List two examples of how someone can be a consumer

2. Describe why the role of a producer is important in our economic system. List two
examples of how someone can be a producer.

3. When thinking about our government and the type of economic system we live with, how
can our government be both a consumer of goods and a producer of goods or services?
State two examples to support your statement Hint What does government do with tax
dollars?

. We discussed in class how we play the role of "consumers." Think of something that you
plan to buy or are interested in buying within the next week.
A List two criteria or reasons for why you are interested in buying this product(s).
B. List two reasons that the producer's decision(s) could influence your decision to buy this product(s).

5.Suppose you are producing a product for consumers to purchase. What would your product
be? Name and explain two factors you will consider when making and selling your product to
influence consumers.

Answers: 2

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1. How is the role of the consumer important in an economic system? List two examples of how someon...