In order to know what people want to buy and how much they're w…
Question 2b of 25 - Economic roles
- Maximum Attempts: 1
- Question Type: Multiple Choice
- Maximum Score: 2
- Question: In order to know what people want to buy and how much they're willing to pay, producers pay attention to which of the following?
- Economic indicators.
- Socialist planning.
- Resource allocations.
- Consumers' purchases.
The correct answer is: Consumers' purchases. Consumers show the producers what they're willing to buy and the price they're willing to pay by the purchases they make.
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