>
Exams
>
Home Science
>
Consumer theory
>
who is a consumer
Question:
Who is a consumer?
Show Hint
Consumers drive demand in the market.
UP Board XII - 2024
UP Board XII
Updated On:
Feb 11, 2025
Hide Solution
Verified By Collegedunia
Solution and Explanation
A consumer is any individual who purchases goods or services for personal use rather than for resale or production.
Download Solution in PDF
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
View Solution
A consumer is:
UP Board XII - 2024
Home Science
Consumer theory
View Solution
Write two advantages of consumer education.
UP Board XII - 2024
Home Science
Consumer theory
View Solution
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
View Solution
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 Solution
View More Questions
Questions Asked in UP Board XII exam
State with the highest density of population
UP Board XII - 2024
Indian Geography
View Solution
Capital city of Telangana
UP Board XII - 2024
Indian Geography
View Solution
Oil refinery of Bihar
UP Board XII - 2024
Indian Geography
View Solution
New seaport of Maharashtra
UP Board XII - 2024
Indian Geography
View Solution
Write the name of the country with the highest Human Development Index (HDI) in the world.
UP Board XII - 2024
World Geography
View Solution
View More Questions