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Which of the following best demonstrates the way consumers and …

  • Question 10a of 25 - Circular flow model

  • Maximum Attempts: 1
  • Question Type: Multiple Choice
  • Maximum Score: 2
  • Question: Which of the following best demonstrates the way consumers and producers influence each other in the free-market system?
  • Answers:
  1. A flow chart
  2. A circular flow model
  3. An assembly line
  4. A downward spiral

The correct answer is: A circular flow model. In a free-market system, consumers and producers influence each other in a circular fashion.

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