Ask Question
18 September, 02:41

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

+5
Answers (1)
  1. 18 September, 03:04
    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?
Get an answer to your question ✅ “Explain how the entrepreneur, consumer, and government interact in our economy. ...” in 📙 History if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers