Savage2191 Savage2191
  • 11-09-2018
  • History
contestada

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

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DukeMoseti
DukeMoseti DukeMoseti
  • 20-09-2018

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

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