ECONOMICS
CONSUMERS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What is a consumer?
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someone who buys and uses goods and services
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someone who makes goods or provides services
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Either A or B
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None of the above
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Explanation:
Detailed explanation-1: -A consumer is a person who purchases and uses goods and services by paying or agreeing to pay a price for them. A consumer is one who is the decision maker whether or not to buy an item at the store, or someone who is influenced by advertisement and marketing.
Detailed explanation-2: -A customer is an individual or business that purchases another company’s goods or services.
Detailed explanation-3: -Consumers are people who buy goods and services.
Detailed explanation-4: -The person who pays and purchases a product is called a consumer.
There is 1 question to complete.