Question

what is consumer in about 50 words?

Answer 1

A consumer is a one who consumes a product in excgange of money. Consumer is the buyer of any of the product from the shop or anywhere.

Answer 2

Any person who purchases or consumes goods and services for personal use and satisfaction is known as a consumer. Consumers play a vital role in the economic system of a nation. Without consumer demand, producers would lack one of the key motivations to produce that is, to sell to consumers. The consumer also forms part of the chain of distribution.