A trader is someone who purchases or sells, voluntarily swap of goods and services.
A consumer is a person, organisation or a business that buys goods and services.
The producer supplies good and services and the consumer demands them.
Consumer surplus - the difference between what a consumer is willing to pay and what they actually pay. Aggregate consumer surplus measures consumer welfare. Producer surplus - the difference between what a producer is willing to sell their product for and what they actually receive. Aggregate producer surplus measures producer welfare
The difference between a producer and a consumer is that a producer makes his own food and consumer purchases his own food.
Consumer welfare also known as consumer surplus refers to the difference between what consumers are willing to pay and what they actually pay.
Consumer surplus can be calculated from a table by finding the difference between the maximum price a consumer is willing to pay and the actual price they pay for a good or service. This difference is then multiplied by the quantity purchased to determine the total consumer surplus.
A purchaser is a consumer buy a product for his/her personal use. A buyer is a trader (mostly) who purchases a product for trading.
A distributor is one who buys product from the manufacturer and bound to not to sell any other similar or competitive product and he can appoint dealers whereas the trader is one who buys product from the dealers/wholesellers and they are not qualify as a typical retailer,they sell directly to the consumer. i think the general order is:- Manufacturer Distributor Wholesaler Trader/Retailer Consumer correct me if i m wrong.
preaditores are fidel and consumer are spre
industrial is work. Consumer is buy.
A Trader is someone who buys/sells stocks or commodities. A Broker is one who helps the trader in his buying/selling
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they have different names
The difference between consumer reports recommended and Best Buy is monetary. With Best Buy, you get the most for your money.
A health consumer is one who needs health care and health products and uses money to acquire them. Consumer health is concerned with how healthy and active consumers are in general, on a day-to-day basis.
The producer supplies good and services and the consumer demands them.
Consumer surplus - the difference between what a consumer is willing to pay and what they actually pay. Aggregate consumer surplus measures consumer welfare
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