What is the importance of consumers in an economy?
Give two points.
Answers
Answered by
4
Answer:
ur answer
Explanation:
Consumers are the basic economic entities of an economy. All the consumers consume goods and services directly and indirectly to maximise satisfaction and utility. Consumers have limited income and by which they want to satisfy their maximum utility (utility is the want satisfying capacity of a commodity)
hope u understand
Answered by
2
Answer:
HOPE IT HELPS YOU...........
Explanation:
A consumers role is important in an economic system because they are the ones who demand goods/services and the ones who buy them. It is in their control of whether buying those goods or services or not.
MARK AS BRAINLIST
Similar questions