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

Consumer

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Producer

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Retailer

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Wholesaler

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Solution

The correct option is B Producer
Producers are those who produce or manufacture goods and services, while retailers are those who distribute and sell the products to the final consumers. A consumer is a person who purchases and uses goods and services by paying or agreeing to pay a price for those.

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

The correct option is B ProducerProducers are those who produce or manufacture goods and services, while retailers are those who distribute and sell the products to the final consumers. A consumer is a person who purchases and uses goods and services by paying or agreeing to pay a price for those.

The correct option is B Producer
Producers are those who produce or manufacture goods and services, while retailers are those who distribute and sell the products to the final consumers. A consumer is a person who purchases and uses goods and services by paying or agreeing to pay a price for those.