Question

T. What are producers? Why are they called so?​

Answer 1

Answer:

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Explanation:

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Answer 2

A producer is someone who creates and supplies goods or services. Producers combine labor and capital—called factor inputs—to create—that is, to output—something else. Business firms are the main examples of producers and are usually what economists have in mind when talking about producers.

Plants are called producers. This is because they produce their own food! They do this by using light energy from the Sun, carbon dioxide from the air and water from the soil to produce food - in the form of glucouse/sugar. The process is called photosynthesis.

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