Match each important word with the phrase that best defines it.

1. Consumer
2. Service
3. Good
4. Producer

A. An action completed for consumers
B. Someone who buys and uses goods and services
C. Someone or something that provides goods or services
D. An item that is produced, sold, and bought by consumers

Question

23-06-2024
Business

Answered

Match each important word with the phrase that best defines it.

1. Consumer
2. Service
3. Good
4. Producer

A. An action completed for consumers
B. Someone who buys and uses goods and services
C. Someone or something that provides goods or services
D. An item that is produced, sold, and bought by consumers

Answer :

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GinnyAnswer GinnyAnswer · Answer 1 · 2024-06-23T17:31:55-04:00

Final answer:

Consumer is someone who buys and uses goods and services, Service is an action completed for consumers, Good is an item that is produced, sold, and bought by consumers, and Producer is someone or something that provides goods or services.

Explanation:

Consumer: someone who buys and uses goods and services

Service: an action completed for consumers

Good: an item that is produced, sold, and bought by consumers

Producer: someone or something that provides goods or services

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