Economics 8

What is a producer?

• A person who performs in a play

• A person who makes or provides a good or service

• A person who only buys goods and services

• A person who watches television

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Which of the following is an example of a producer who provides a service?

• A student studying in school

• A shopper at a grocery store

• A hairstylist cutting hair

• A child playing in the park

What do producers do with the goods or services they create?

• They give them away for free

• They exchange them for other goods or services

• They sell them to earn money

• They store them indefinitely

Which of the following is NOT an example of a producer?

• A chef in a restaurant

• A factory worker assembling products

• A mail carrier delivering mail

• A person watching a movie

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How do producers help the community?

• By participating in sports

• By providing goods and services that people need

• By traveling to different places

• By studying different subjects

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