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Questions and Answers
What is the role of a supplier in a market?
What is the role of a supplier in a market?
- To buy goods or services from producers
- To sell goods or services to consumers (correct)
- To regulate the market and ensure fair competition
- To provide financial support to businesses
Which of the following best describes a supplier in a market?
Which of the following best describes a supplier in a market?
- A person or company that regulates the market
- A person or company that sells goods or services to consumers (correct)
- A person or company that buys goods or services from producers
- A person or company that provides financial support to businesses
Which of the following is NOT a characteristic of a supplier in a market?
Which of the following is NOT a characteristic of a supplier in a market?
- Buying goods or services from producers
- Selling goods or services
- Providing financial support to businesses
- Regulating the market (correct)
