Two difference between producer and consumer in economics.
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Question:- Two difference between producer and consumer in economics?⤵
Answer:-⤵
A consumer is a person who buys and uses goods and services. ... A producer is a person who makes goods or provides services.
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Hope it helps you friend
Explanation:
Consumers select goods and services for consumption based on their perception of the utility of those goods and services. Producers are constrained by technology in “deciding” how to produce goods and services.
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