Question

Which group of players use the goods and services produced in the game of

economics?
O
A. Workers.
LAT
O
B. Consumers.
O
C. Economists.
O
D. Producers.

Answer 1

Consumers are the one who uses the services and goods that are produced in the game of economics.

Option: B

Explanation:

Consumers are the ones or the 'group of players' that uses the services and goods that are produced in the 'game of economics'. A consumer buys services or goods with money to use it for its own purpose, not for selling or for any commercial purpose. In an economy, a consumer plays a crucial role because without a consumer there would not be any transaction and without any transaction, there would not be any production.