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Define a consumer. - Economics

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प्रश्न

Define a consumer.

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उत्तर

A consumer is the one who purchases the product for his/her own need and uses or consumes it. A consumer cannot resell the good, product, or service but can consume it to earn his/her livelihood and self-employment. Any single or group of people, other than the buyer who buys the product or services, consumes the product by seeking his/her permission falls under the category of a consumer. In simpler words, the consumer can be termed the end-user of the goods or services.

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Concept of Consumer Rights
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 14: Consumer Awareness - QUESTION BANK [पृष्ठ २१६]

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गोयल ब्रदर्स प्रकाशन Economics [English] Class 10 ICSE
अध्याय 14 Consumer Awareness
QUESTION BANK | Q 10. (i) | पृष्ठ २१६
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