ECONOMICS (CBSE/UGC NET)

ECONOMICS

SCARCITY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Someone who makes and sells slime
A
consumer
B
producer
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -Rainbow (Slimy Rainbows) Sunshine (Sunshine Slime) Magic (Magic Slime Co.) Twirl (Twirly Slime)

Detailed explanation-2: -Most people credit the Mattel Toy Company as the originator of slime when it introduced ready-made slime sold in a tiny plastic “trash can” in the winter of 1976. The Mattel slime was made using guar gum and sodium tetraborate.

Detailed explanation-3: -However, before you start mixing glue and glitter, you’ll need to learn the basics of making and selling slime online. Just like any other business, an online slime shop requires a business plan with solid tools to back it up in order to be successful and sustainable.

Detailed explanation-4: -While ZipRecruiter is seeing hourly wages as high as $56.25 and as low as $8.65, the majority of Work From Home Slime wages currently range between $16.11 (25th percentile) to $36.54 (75th percentile) across the United States.

There is 1 question to complete.