Consumer and Producer

Q. A is a person who purchases and uses goods and services by paying or agreeing to pay a price for them.

1. producer
2. retailer
3. consumer
4. distributor

Q. are those who manufacture or produce goods and services.

1. Producers
2. Users
3. Consumers
4. Retailers

Q. <!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}--> _______ distribute and sell commodities to final consumers.

1. Producers
2. Distributors
3. Retailers
4. Wholesellers

Q.

What is the role of a customer?

Q. What is the term used to describe the ones who distribute and sell manufactured goods to final consumers?

1. Producer
2. Retailer
3. Distributor
4. Consumer

Q. What is the term used for the person who buys and uses goods or services from the market after making a payment?

1. Moneylender
2. Service provider
3. Consumer
4. Producer

Q. Sahil has started a business where he manufactures shoes and sells them to nearby vendors. Who is Sahil?

1. Consumer
2. Producer
3. Retailer
4. Wholesaler

Q. <!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}--> Producers are those who distribute and sell goods in the market.

1. True
2. False

Q. <!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}--> Which of the following is true with respect to consumers?

1. They purchase goods and resell it.
2. They are the end users of goods and services.
3. They purchase goods and consume them.
4. They are the intermediary through whom goods are distributed.

Q. Who among the following is the user of a product?

1. Consumer
2. Provider
3. Trader
4. Producer

Q. In which of the following scenarios is Tina a consumer?

1. Tina buys twenty tomato ketchup sachets for the purpose of reselling them.
2. Tina buys two laptops for her personal use.
3. Tina buys mobile phones in large quantities at low prices to sell them to retailers.
4. Tina has started a business to manufacture potato chips.

Q. Producers and retailers of goods and services do not exploit consumers.

1. False
2. True