ECONOMICS
CONSUMERS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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earner
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consumer
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producer
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saver
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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.
Detailed explanation-2: -Customers vs. Consumers are defined as individuals or businesses that consume or use goods and services. Customers are the purchasers within the economy that buy goods and services, and they can exist as consumers or alone as customers.
Detailed explanation-3: -A target market is a group of customers with shared demographics who have been identified as the most likely buyers of a company’s product or service. Identifying the target market is important in the development and implementation of a successful marketing plan for any new product.
Detailed explanation-4: -The correct option is A consumer. A person who buy products from a salesperson is known as a consumer. Consumer is usually considered as the “King” in the market.
Detailed explanation-5: -New customers. Newcomers are always going to have a few questions about how things work but might not always know how to ask. Impulse customers. This customer is quick to buy when something catches their eye, but aren’t always the best at reading the fine print. Angry customers. Insistent customers. Loyal customers. 13-Oct-2022