ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -Humans are classified as consumers. Consumers are organisms that feed on living organisms from the food chain. Consumers can be herbivores, carnivores, omnivores, or decomposers.

Detailed explanation-2: -The Producer can be the Writer, but the Producer is the “Traffic Cop” of the production. He or she sees the film from beginning to finish. From concept, to distribution, and everything in between (pre production, production, post production, distribution, exhibition).

Detailed explanation-3: -Producers are people who make or grow goods and provide services. Sometimes they are called workers, and they help us do things. For example, a florist is a producer who makes pretty bouquets. A baker is a producer who cooks up yummy cakes, and a painter is a producer who creates artwork for us to admire.

Detailed explanation-4: -Definition: A producer is someone who creates and supplies goods or services. Producers combine labor and capital-called factor inputs-to create-that is, to output-something else. Business firms are the main examples of producers and are usually what economists have in mind when talking about producers.