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Question
a producer is _____________.
a. someone who makes a commodity available for sale or exchange
b. someone who buys or trades in order to receive a commodity
c. someone who is in the market for a commodity
d. someone who receives a commodity from a business
A producer is defined as an economic agent that creates or provides goods (commodities) to offer them for sale or exchange in a market. Options B, C, and D describe characteristics of consumers or buyers, not producers.
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A. someone who makes a commodity available for sale or exchange