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4 June, 19:21

Which of the following best explains why the free-market system follows a circular flow model?

A. The free choices made by consumers and producers influence each other.

B. Goods and services are constantly recycled in a circular manner.

C. The allocation of resources affects both production and distribution.

D. Profits flow in a circular way back and forth between consumers and producers.

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  1. 4 June, 19:23
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    A. the free choices made by consumers and producers influence each other

    (supply and demand) customers want x, y, and z, so producers create x, y, and z, and so on.
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