Ask Question
4 July, 14:03

Explain how the entrepreneur, consumer, and government interact in our economy.

+1
Answers (1)
  1. 4 July, 14:25
    0
    The entrepreneur can be considered as producers who make decisions on what to produce and offer to the market based on price which is basically a function of supply and demand. The consumer makes decisions on what to purchase and this leads to demand which affects the decisions of the entrepreneur. Government is also a consumer and a producer through investment spending
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Explain how the entrepreneur, consumer, and government interact in our economy. ...” in 📗 History if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers