Question

Select all the items that describe a kind of market participant.

consumer

producer

entrepreneur

labor

Answer 1

consumer

producer

entrepreneur

Step-by-step explanation:

In a market economy, economic agents interact freely in market negotiations. Consumers will demand the goods and services produced by the producers. Thus will be established the relationship between supply and demand for goods and services, whose equilibrium vector will be the price. We can also say that entrepreneurs are also market participants, since it is through entrepreneurial action that a new producer of goods emerges.