Question

In a modern economy where people are free to purchase items and work where they choose, what is the relationship between consumers and producers. for instance, which one do you believe is more important? what are the roles of a consumer, and what are the roles of a producer?

Answer 1

Answer: there both equally important, but if you produce an item it has to be bought otherwise no one makes money, so consumer is more important.

Explanation: the relationship between consumer and producer is that the consumer fills there needs while the producer meets there need with money, also if the producer makes to many of the same product they go down in price. that's why consumer a a vital role. also, the producer needs to make items to make an importantly.