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Who is a consumer?
By BYJU'S Exam Prep
Updated on: September 25th, 2023
Consumers are people or businesses who buy or use the goods or services provided by others. Customers are the buyers within the economy that purchase goods and services, and they can exist as customers or alone as customers. They can use these goods or services for themselves or they can resale them completely be depending on them.
Find out more details about who a consumer is below.
Table of content
Who is a consumer?
A consumer can be a person or a business who buys or uses the goods and services from other businesses.
- After these goods and services they can use them for themselves or for resale, it completely depends on them.
- Every company or service provider makes the product or changes them according to their consumer demand.
