Question:
A consumer is:
A consumer is:
Show Hint
Be aware of your consumer rights.
Updated On: Feb 11, 2025
- A person who buys goods and services
- A person who sells goods and services
- A person to provide information
- None of these
Hide Solution
Verified By Collegedunia
The Correct Option is A
Solution and Explanation
A consumer is defined as someone who purchases goods or services for personal use rather than for resale or business purposes.
Was this answer helpful?
0
0
Top Questions on Consumer theory
- Briefly describe the rights and problems of a consumer.
- UP Board XII - 2024
- Home Science
- Consumer theory
- Write two advantages of consumer education.
- UP Board XII - 2024
- Home Science
- Consumer theory
- Who is a consumer?
- UP Board XII - 2024
- Home Science
- Consumer theory
- Let an inverse demand function for a commodity be $𝑝 = e^{\frac{-x}{2}$, where 𝑥 is the quantity and 𝑝 is the price. Then, at 𝑝 = 0.5, the consumer surplus is equal to _______ (rounded off to two decimal places).
- IIT JAM EN - 2024
- Microeconomics
- Consumer theory
- Satish is very conscious of the food he eats. He eats only rotis and dal. A cup of dal costs Rs 2 while a roti costs one rupee and Satish decides to spend only Rs 13 per day on food. Also he decides to consume only 5500 calories a day. He has been told that each day
- CUET (PG) - 2024
- Economics
- Consumer theory
View More Questions
Questions Asked in UP Board XII exam
- State with the highest density of population
- UP Board XII - 2024
- Indian Geography
- Capital city of Telangana
- UP Board XII - 2024
- Indian Geography
- Oil refinery of Bihar
- UP Board XII - 2024
- Indian Geography
- New seaport of Maharashtra
- UP Board XII - 2024
- Indian Geography
- Write the name of the country with the highest Human Development Index (HDI) in the world.
- UP Board XII - 2024
- World Geography
View More Questions