Which statement best explains the role of producers in economics?Producers supply goods and services.Producers purchase goods and services.Producers create theories about the market.Producers sell shares for companies in the market.

Heather Maxwell on February 17, 2018

The answer is that Producers supply goods and services."Reverse of each client in a trade market is a producer. Producers supply the goods and companies that buyers demand. Producers may leave the market, the decrease of the amounts provided for in certain costs. The law of supply tells us that the manufacturers respond in surprising approaches to an adjustment in the cost of a decent or administration. As Producers supply more at higher costs, and less in lower costs, the number always says "move along the supply curve."