Question

how a consumer should be in a market

Answer 1

Consumer should know about his duties and before buying any product he should look for MRP,expiry date, ISI logo, hallmark logo, Agmark logo and directions of use.....

Answer 2

A market primarily have two players, that is producer and the consumer. We can participate in a market by being both producer as well as a consumer. First taking the producer,one may enter the market as a producer by producing a good or a service. However, this entry depends on the type of the product that the individual is willing to produce along with the market type, i.e. perfectly competitive, monopoly or oligopoly. With the required land, labour and capital, one can enter in the market without any barrier and produce the required output.Now being a consumer, one becomes a part of the market by consuming the output that is produced in the market. There is no condition as such on a consumer to be a participant of market.