Question

Which of the following best describes a consumer?

someone who studies economics
a person who buys goods and services
a business owner who sells clothes
a farmer who sells his crops

Answer 1

a person who buys goods and services. Think of it this way: To consume means to eat or use something. A consumer is someone who buys things to eat or use.

Answer 2

Answer: Second option is correct.

Explanation:

Since we have ask that

Consumer refers to those person who used to consume things like purchase goods and services for personal use.

Someone who studies economics are known as economists they are not consumers, they are known for their study of economics.

A business owner who sells clothes can be known as traders or merchants or business man but they do not consider as consumers as they don't buy goods and services but they provide all of these.

A farmer who sells his crops are known as producers instead of consumers.

So, Second option is correct.

A person who buys good and services is known as consumer.