The ultimate user is the "consumer." The familiar business term is "customer."
Consumer
A producer.
Product market
consumers
he/she fulfill their basic needs and live long life with happiness.
A person who buys or uses goods and services is known as a consumer. Other titles that can be used to describe such a person include client and customer.
It means a person who uses goods and services
It's a person who uses goods and services
Consumer
A producer.
True. They can be termed as consumers. The person who buys the goods or services is the customer and person who uses the product is consumer. This can be understood by following example, 'a mother buying diaper is the customer, and baby who uses it is the consumer.
Product market
consumers
he/she fulfill their basic needs and live long life with happiness.
A consumer is a person who purchases goods or services for personal use or ownership.
consumer- Purchasing goods and services producers-Providing goods and services worker-Making goods and services
A person who is a consumer is simply someone who uses their willingness and ability to purchase and use goods or services.