How does consumer demand affect the economy? A) Consumers earn most of the income.
B)
Consumers help determine what goods and services will be produced
through their purchasing decisions.
C) Consumers are polled by companies as to what products should be produced.
OD) Consumers only buy normal goods.

B)  Consumers help determine what goods and services will be produced  through their purchasing decisions.

Explanation:

There are many factors that affect the consumers' demand for the goods. Some of them are the income of the consumers, rate of interest and inflation in the market.

With the growth in the economy, there arises a demand of the goods by the consumers. Increase in the demand of the goods, simultaneously helps in the increase in the growth of the economy. The choice of the consumers and their purchasing decisions helps the producers to manufacture those goods which ultimately accelerates the economy.

levels of production can be increased by technology while holding labor and capital constant, because increased technology makes the production process more efficient. subsequently, the lras curve is almost a vertical line, that can shift to the right, with an increase in technology.

the relationship between the lras curve and the ppc is that both can make the economy could grow. the ppc achieves that when it shifts outward because of more resources or technological advances while the lras curve shifts if more resources are developed or if there are technological advances.

the lras curve is a vertical line at an output level that represents the number of goods and services a nation can produce over a sustained period using all of its productive resources as efficiently as possible with all of the current technology available to it.

the production possibilities frontier (ppf) is a graphical device that is used for economic analysis of production decisions because the ppf measures the maximum possible combinations of two goods that an economy is capable of producing with its currently available resources and technology.

b that would be false.