is a connecting link between the consumer and the producer
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The Producer's Marketing Guide: The Connecting Link Between Producer and Consumer. The Producers Marketing Guide Cover.jpg ... Producers, or farmers, must deal with consumers.
Answer. A producer produces food. A consumer consumes food produced by the producer or eats the producers as food source. A consumer may also eat other consumers as food.
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Trade is a connecting link between the consumer and the producer.
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The act of purchasing, selling, and exchanging commodities or services between individuals, businesses, and nations are known as trade. It forges a connection between the producer and the customer.
- The voluntary exchange of products or services between economic players is referred to as a trade.
- Since transactions are voluntary, trade is typically regarded as being advantageous to both sides.
- In the world of finance, trading is the buying and selling of securities or other assets.
- The theory of comparative advantage asserts that trade benefits all parties involved in it.
- The majority of traditional economists support free trade, while some development economists think protectionism has benefits.
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