Question

How are producers different from consumers? (1 point) Responses Producers want to buy products from consumers. Producers want to buy products from consumers. Producers want low demand for goods. Producers want low demand for goods. Producers want high costs of resources. Producers want high costs of resources. Producers want a high quantity of sales.

Answer 1

Producers are different from consumers in that producers want a high quantity of sales. Producers create and sell goods or services to meet the demand of consumers, while consumers are the individuals or entities that purchase and use those goods or services.