Economy, asked by Omkar1374, 10 months ago

who are consumers?......​

Answers

Answered by karthi77777
12

Answer:

The consumer is an individual who pays some amount of money for the thing required to consume goods and services.

Hop it helps you!

Please mark me as the brainliest!

Answered by aditiss
22

Answer:

Hey mate here is your answer:

A consumer is one that buys good for consumption and not for resale or commercial purpose. The consumer is an individual who pays some amount of money for the thing required to consume goods and services. As such, 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: to sell to consumers. The consumer also forms part of the chain of distribution.

thank you :)

Similar questions