ECONOMICS (CBSE/UGC NET)

ECONOMICS

CONSUMERS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Producer or consumer? A child who buys ice cream at an ice cream shop.
A
producer
B
consumer
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -Ice cream is everyone’s favorite, and that includes families with children, teenagers and adults. There are some who have their own preferences, trying to find new flavors for their own ultimate gelato or ice cream experience.

Detailed explanation-2: -Consumers view ice cream as an indulgence-and they want it to taste and feel like one.

Detailed explanation-3: -Most of all, shoppers look for flavor: nearly three out of four consumers globally consider it the most important factor in an ice cream purchase; and more than a quarter of US consumers say a new flavor inspires them to try a yogurt or yogurt drink.

There is 1 question to complete.