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4 June, 19:45

Explain how the entrepreneur, consumer, and government interact in our economy.

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  1. 4 June, 21:45
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    The entrepreneur can be considered as producers who make decisions on what to produce and offer to the market based on price which is basically a function of supply and demand. The consumer makes decisions on what to purchase and this leads to demand which affects the decisions of the entrepreneur. Government is also a consumer and a producer through investment spending
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