ECONOMICS (CBSE/UGC NET)

ECONOMICS

MONEY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
A person who buys goods and services
A
consumer
B
entrepreneur
C
resource
D
currency
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.

There is 1 question to complete.