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

Answers

GPT-4o mini
Producers want a high quantity of sales.

Producers are individuals or businesses that create goods or services, while consumers are those who purchase and use these goods or services. Producers typically aim to sell more products to achieve profitability, different from consumers who seek to purchase products for their own use.