Who is a Producer?

    Who's Buying? Who's Selling?: Understanding Consumers and Producers (Lightning Bolt Books - Exploring Economics)
  • Producers are successful entrepreneurs who supply the market with finished and partly finished goodsir?t=vishaalslair 20&l=bil&camp=213689&creative=392969&o=1&a=0761356657
  • A producer can also be described as a supplier because he/she supplies goods to consumers and also raw materials to other firms
  • When a supplier agrees to provide raw materials for the production process, he/she enters a contract with the producer.

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