Producers & Consumers

Person A is a ...

• Producer

• Consumer

• Service

• Good

Person B is a ...

• Producer

• Consumer

• Service

• Good

Person B is selling a ...

• Good

• Service

Which of the following is a definition of a GOOD?

• objects or material things being sold

• something someone does for you

• individuals or businesses that make and sell goods and services

• people or businesses that buy or use goods and services

Which of the following is a definition of a SERVICE?

• objects or material things being sold

• something someone does for you

• individuals or businesses that make and sell goods and services

• people or businesses that buy or use goods and services

Which of the following is a definition of a Producer?

• objects or material things being sold

• something someone does for you

• individuals or businesses that make and sell goods and services

• people or businesses that buy or use goods and services

Which of the following is a definition of a Consumer?

• objects or material things being sold

• something someone does for you

• individuals or businesses that make and sell goods and services

• people or businesses that buy or use goods and services

Which of the following are PRODUCERS? Check all the right answers.

• Wal Mart

• McDonalds

• A Bag of Flamin Hot Cheetos

• The Dollar Store

If Samantha goes to Target and buys candy corn, which of the following would be true?

• Samantha is the producer and the candy corn is the good

• Target is the consumer and the candy corn is the service

• Samantha is the consumer and the candy corn is the good

• Target is the producer and the candy corn is the service