Understanding Consumers and Producers

What is the primary role of a consumer?

• To create goods and services

• To provide services

• To purchase or use goods and services

• To manage businesses

Which of the following is an example of a producer?

• A person buying a book

• A baker making bread

• A student attending school

• A customer eating at a restaurant

How can a person be both a consumer and a producer?

• By creating goods and purchasing others

• By only providing services

• By managing a business

• By only buying goods

What role does a painter play when selling artwork?

• Producer

• Manager

• Consumer

• Customer

When you learn new things at school, what role are you playing?

• Instructor

• Manager

• Producer

• Consumer