Topic: Difference between a Producer and a Consumer
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Answers to Common Questions
What are Producers and Consumers?
A producer is a person or company that risks taking their resources to create a product of value. Consumers are the people who risk their resources (usually money) to buy a product. Read More »
Source: http://answers.ask.com/Society/Government_and_Law/what_are_produc...
How are producers and consumers different?
They are different from each other because producers produce food for the consumers. The consumers eat the food that is produced from the producers. Read More »
Source: http://wiki.answers.com/Q/How_are_producers_and_consumers_differe...
How are consumers and producers different?
They differ in function. Consumers use. Producers make available, the goods and services that consumers use. An example would be a family, sitting at dinner: using electricity for light, produced by the electric company; eating food, produc... Read More »
Source: http://wiki.answers.com/Q/How_are_consumers_and_producers_differe...
More Common Questions
Answers to Other Common Questions
Producer is someone who produces food/goods and consumer is someone who consumes food/goods.
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Source: http://wiki.answers.com/Q/What_is_the_difference_between_a_produc...
The difference between a producer and a consumer is that a producer makes his own food and consumer purchases his own food.
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Source: http://wiki.answers.com/Q/What_are_the_differences_between_produc...
producers produce the food - plants and consumers use the materials synthesized by the producers - humans
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Source: http://wiki.answers.com/Q/What_is_producers_and_what_is_consumers
Economists use the terms consumer surplus and producer surplus to illustrate the financial gains created by producers or consumers in a given market. Consumer surplus depends on the maximum price a consumer is willing to pay for a particula...
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Source: http://www.ehow.com/how_5926273_calculate-consumer-producer-surpl...
Organizations and consumers are similar in that they both are someone's customer. Price is important in both markets. Both markets often expect quality specifications to be met. Both markets make judgments based on past experiences. Both ma...
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Source: http://www.ehow.com/about_6629761_organizational-consumer-markets...
Economics is the study of the collection, allocation and distribution of goods or services in an economy. One part of economic study focuses on the surplus of consumers and producers. Consumer surplus represents the difference between the p...
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Source: http://www.ehow.com/how_7226199_consumer-producer-surplus.html
The expressions consumer surplus and producer surplus spring from economists' lips when they attempt to discuss the economic value of an item. They endorse these two indicators as insights into the willingness of the purchaser or of the pro...
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Source: http://www.ehow.com/about_6470408_consumer-surplus-producer-surpl...
