Producers are dependent upon consumers for their survival because consumers produce demand for goods and services that producers create. This demand stimulates the economy and allows producers to operate effectively. Conversely, producers provide goods and services that consumers need; thus, the relationship is symbiotic.

A completed statement could be:

"Consumers produce demand for goods and services for producers to use during the exchange of resources in the market economy."

This illustrates that without consumers, producers would have no one to sell their products to, and without producers, consumers would have no goods or services to fulfill their needs. Hence, the relationship between the two is crucial for the functioning of the economy.

Question

Producers are dependent upon consumers for their survival because consumers produce demand for goods and services that producers create. This demand stimulates the economy and allows producers to operate effectively. Conversely, producers provide goods and services that consumers need; thus, the relationship is symbiotic.

A completed statement could be:

"Consumers produce demand for goods and services for producers to use during the exchange of resources in the market economy."

This illustrates that without consumers, producers would have no one to sell their products to, and without producers, consumers would have no goods or services to fulfill their needs. Hence, the relationship between the two is crucial for the functioning of the economy.

Knowee AI · Accepted Answer

Producers are dependent upon consumers for their survival because consumers produce demand for goods and services that producers create. This demand stimulates the economy and allows producers to operate effectively. Conversely, producers provide goods and services that consumers need; thus, the relationship is symbiotic.

A completed statement could be:

"Consumers produce demand for goods and services for producers to use during the exchange of resources in the market economy."

This illustrates that without consumers, producers would have no one to sell their products to, and without producers, consumers would have no goods or services to fulfill their needs. Hence, the relationship between the two is crucial for the functioning of the economy.

Complete the statement below to show how producers are dependent upon consumers for their survival?Consumers produce for producers to use during

Question

Complete the statement below to show how producers are dependent upon consumers for their survival?

Solution

Similar Questions

Upgrade your grade with Knowee