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Social Studies, 22.01.2021 22:30 mima851

Discussion Topic Economics affects nearly everything we do in some way. Someone else has
produced most items we consume, or use, in our daily lives, from food to clothes
to music to gas for our cars. Chances are, when we purchase these daily items,
we don't question the price with the producer. But in the United States, the
interactions between the consumers and producers determine quite a lot in terms
of business and economics.
Think about the items and services that you and your family buy or consume.
What causes you to pay the prices that you do for these goods and services?
What determines the price that's on the price tag? What goes into determining,
or setting, that price? Consider all the possible elements that could influence the
prices you pay.

This is a question for Economics class!!!

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Answers: 2

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