Question

Which event would benefit toy producers rather than toy consumers a natural resource increasing price a toy because popular and increasingly scarce a market shift causes people to put more money in the savings a wide variety of toys for around the world reach the market

Answer 1

A natural resource increasing in price would benefit toy producers more than toy consumers. Toy production often requires raw materials such as plastic, metal, or wood, which could become more expensive if their associated natural resources increase in price. This cost increase would likely be passed on to consumers, resulting in higher prices for toys.

On the other hand, a toy becoming popular and increasingly scarce would benefit toy consumers, as it creates demand and potentially increases the perceived value of the toy. This can lead to increased sales for toy producers, but the benefits of popularity and scarcity would mainly be experienced by consumers who own or sell those particular toys.

A market shift causing people to put more money in savings would not directly benefit toy producers or consumers. If people are saving more money, they might have less discretionary income available to spend on toys, resulting in lower sales for toy producers and potentially fewer toy purchases for consumers.

The arrival of a wide variety of toys from around the world into the market could benefit both toy producers and consumers. For toy producers, it expands their market reach and provides opportunities to sell their products to a wider audience. Consumers would benefit from having a wider selection of toys to choose from, enhancing their options and potential for finding toys that suit their preferences.