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What are consumers and Producers in the market? How does the-(Answered)

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Question

What are consumers and Producers in the market? How does the market help them?

Is there any difference between opportunity cost and simple cost?


What are producers and

 

consumers?

 


 

The two children in this example are

 

consumers. A consumer is anyone

 

who buys a good or a service.

 


 

The toy store owner in this example is a

 

producer. A producer...

 

Paper#9210639 | Written in 27-Jul-2016

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