1. A person who purchase goods and services for personal use. A. Consumer B. Economics C. Income D. Supplier 2. Any person or other entity (such as a firm or mutual fund) who commits capital with the expectation of receiving financial returns. A. Consumer B. C. Income D. Investor D. Supplier 3. An activity which makes one's living or makes money by manufacturing, developing, buying and selling products (goods & services)? A. Business B. Households C. Government D. Marketing 4. Classified as
Answer (1)
1. A. ConsumerA consumer is a person who purchases goods and services for personal use, not for resale or production.2. D. InvestorAn investor is a person or entity who commits capital with the expectation of receiving financial returns.3. A. BusinessBusiness refers to activities involved in making a living or money through manufacturing, developing, buying, and selling products or services.
