Unformatted text preview: Has it? Or, are producers just behaving in their own self interest trying to earn as much as they can from the production of the goods and services they provide consumers. Do you see some conflict between the self interest of consumers and producers? Maybe conflict is too harsh of a word. What about competition? Does competition more adequately describe what is going on between the consumer and the producer? Do consumers compete with each other to get the goods and services they desire? Well, just go to the grocery store or Home Depot right after the weather person has announced that twenty inches of snow is coming or Hurricane Humphrey is on the way. Do producers compete with each other for consumers to buy their goods and services?...
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This note was uploaded on 12/29/2011 for the course ECO 210 taught by Professor Malls during the Fall '10 term at SUNY Stony Brook.
- Fall '10