ECONOMICS (CBSE/UGC NET)

ECONOMICS

CONSUMERS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
How do consumers depend on producers?
A
Consumers need the goods that producers sell.
B
Consumers sell the things that producers buy.
C
Consumers earn money by buying goods from producers.
D
Consumers count on producers to lend them money.
Explanation: 

Detailed explanation-1: -Answer. consumers depend on producers for food because they can not make their own energy-rich molecules. They have to eat other organisms to obtain energy. …

Detailed explanation-2: -Producers use energy and inorganic molecules to make food. Consumers take in food by eating producers or other living things. Decomposers break down dead organisms and other organic wastes and release inorganic molecules back to the environment.

Detailed explanation-3: -Consumers are the living organisms which depend directly and indirectly on other organisms for their food. Green plants are the producers who prepare food in their leaves with the help of photosynthesis. These are the main source of energy which pass on to the next trophic level.

Detailed explanation-4: -Thus, consumers depend on producers in a food chain.

Detailed explanation-5: -This is where firms sell finished goods and services to consumers. Households relying on firms for commodities and income, producers / firms rely on households for resources (labour, capital etc) and consumer spending so that they can make a profit. – They rely on each other – they are interdependent.

There is 1 question to complete.