Question

What is one important role consumers play in the interaction between producers and households? A. Consumers control the amount of business investment that firms make. B. Consumers decide which resources to supply to the input market. C. Consumers dictate the price levels of goods and services. D. Consumers provide the demand for goods and services.

Answer 1

Answer: The important role consumers plays in the interaction between producers and households is:

D. Consumers provide the demand for goods and services.

Explanation: Demand is the quantity of goods and services a consumer is willing and able to purchase within a specific location and time.