Which term describes those who use products and services?

• A. Producers
• B. Demand
• C. Consumers
• D. Economy

Answer: (C)

The concept here is the role of people who use goods and services in the market. Those who use products and services are consumers. They are the buyers and users whose choices drive what gets produced. Producers are the creators of goods and services. Demand is the idea of how much people want to buy at different prices, not the people themselves. The economy refers to the whole system of production, distribution, and consumption. So the term that fits best for those who use products and services is consumers.