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Societies need a macro marketing system to

a. help match supply and demand
b. identify collaborators
c. reduce the need for intermediaries
d. create a gap between producers and consumers
e. accomplish an og objectives only

User Geeks
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1 Answer

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Final answer:

Macro marketing systems help align demand with supply through price mechanisms that disseminate information, guiding the allocation of resources in an economy without central oversight. Demand and supply curves are crucial as they direct the production and distribution of goods and services based on market responses.

Step-by-step explanation:

Societies need a macro marketing system primarily to help match supply and demand. This system functions efficiently through market mechanisms where prices act as a source of information, reflecting the dynamic relationship between demand and supply. The market system, without direct intervention from a central authority, uses the information conveyed by prices to determine what is produced, how it is produced, and for whom it is produced. These decisions are made as consumers and producers respond to price signals according to their preferences, budget constraints, and profitability considerations respectively.

The importance of demand and supply curves stems from their role in the market as the primary social mechanism for allocating scarce resources. Markets, recognized for their usefulness and flexibility, harness the forces of demand and supply to answer the fundamental economic questions related to production and distribution. This overarching framework of macro marketing ensures that the economy's resources are utilized efficiently, guiding producers and consumers towards equilibrium.

User Eloleon
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