Economy, asked by Anonymous, 8 months ago

Who is a Consumer? Explain in one line.​

Answers

Answered by Anonymous
23

A consumer is one who consumes goods and services for the satisfaction of his wants.

Answered by Anonymous
4

Answer:

A consumer is one that buys goods 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 capitalist economy.

  • Examples of primary consumers are zooplankton, butterflies, rabbits, giraffes, pandas and elephants. Primary consumers are herbivores. Their food source is the first trophic level of organisms within the food web, or plants. Plants are also referred to as autotrophs.
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