Question

The are known as users as they use the products, whereas the are known as providers as they provide the required goods and services to consumers.

• A. consumers
• B. producers
• C. retailers
• D. wholesalers

Answer 1

Answer: (A), (B)

producers

People who make goods and services are known as producers. People who use the things that are produced are known as consumers. Consumers are also known as users, while producers are also known as providers.