Economy, asked by ashakumari9868602724, 1 year ago

Definition of Consumer in 100-120 words.​

Answers

Answered by anvitanvar032
4

Answer:

The correct answer to this question is a consumer is someone who buys things or services for personal consumption rather than for manufacture or resale.

Explanation:

Given - Definition of Consumer.

To Find - Write about the Consumer in 100-120 words.​

A consumer is an individual who purchases goods for personal consumption rather than resale for business purposes; a consumer is an individual who spends a certain amount of money, or the things required by consumers play an important part in the nation's economic system.

A consumer is someone who buys things or services for personal consumption rather than for manufacture or resale. A consumer is someone who decides whether or not to buy something at a store or is affected by advertisements and marketing. When someone goes to the store to buy clothing, toys, beverages, or anything else, they are making a consumer decision. Any individual who purchases things for a consideration that has been paid or promised to be paid, or partly paid and partly promised, is referred to as a consumer.

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