Question

What is the relationship between consumers and producers in economics?

Answer 1

Consumers create demand for goods and services. When prices are high, consumers buy less. When prices are low, consumers buy more. Producers can make or sell almost anything they want.

Answer 2

the consumers create demand for goods and services when prices are high consumers buy less. when prices are lower consumers buy more. producers make and sell what the consumers want.

Step-by-step explanation:

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