Economy, asked by thasalmandar, 10 months ago

What is the importance of consumers in an economy?
Give two points.​

Answers

Answered by ayushishukla9044
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 sanskriti555
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.

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