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People who buy goods and services are called?

Consumers


What do consumers expect when they buy products and services?

When consumers buy goods and services, they expect them to be as good as the seller claims they are. They look for utility when they purchase the goods.


Difference between marketing services versus tangible goods in global market?

you buy goods and services you buy from a marketer ?


What is a trait of a market economy?

Consumers often have many choices of goods to buy.


The amount of goods and services that consumers are willing to buy at various prices?

the cost


Is producers are also consumers of goods and services true or false?

True. Producers can also be consumers of goods and services, as they may purchase items for personal use or to support their operations. For example, a farmer (producer) may buy household goods (consumer) or equipment for farming. This dual role highlights the interconnectedness of economic roles within a market.


What is meant by online shopper?

Consumers who shop online and buy or pay for goods or services


In economic terms the marketplace?

any place were consumers and producers buy and sell goods and services


How do you place a value on money?

By the amount of goods or services you can buy for it. By the amount of goods or services you can buy for it. By the amount of goods or services you can buy for it. By the amount of goods or services you can buy for it.


In economics what does the term marketplace '' refer to?

Any place where consumers and producers buy and sell goods and services


When a country has a market economy which of these statements correctly defines this system?

Companies produce goods of their choice and consumers decide whether to buy the goods


What term is used for the people who want to buy a product?

The term used for people who want to buy a product is "consumers." Consumers are individuals or groups that purchase goods or services for personal use. In marketing and economics, they are often referred to as the target audience or market segment that businesses aim to reach.