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Econ Writing Prompt Making Choices In a free-market economy, the free choices of producers determine allocation, production, and distribution, while paying attention to what consumers
Econ Writing Prompt Making Choices In a free-market economy, the free choices of producers determine allocation, production, and distribution, while paying attention to what consumers need and want and how much they are willing to pay for goods and services. Influences and inputs (land, labor, capital) move back and forth between producers and consumers, in what the economists call a "circular flow" model. Question: Imagine you are a consumer planning to buy a computer. You are considering either an Apple or an HP laptop. Go to their respective websiles (see links below) and check out their most recent offerings. a. List 3 features that are important to you when you decide which is the best computer for you. How do you go about making your choice? b. Put yourself in the producer's place. What incentives could you offer as the producer of this laptop to influence the consumers' final decision? Standard: GE-1.3 hs.'fvwm hp. cmfus-enmme.hrm] htips:www.apple.com/
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