Read each statement carefully then identify whether the one being described is a seller or buyer.
1. He is the owner of the store or business . 2. He is the consumer of the product. 3. He must learn the art of selling.
4. They used the goods to meet their needs or wants. 5. They are also called as end users .
TRUE or FALSE 6. A seller is also a buyer and vice versa . 7. The guide to sound buying is buying the goods at the right quality and quantity at the right time and at the right price.
10. If you do not have the skill to produce a product, you can buy the product from its secondary source . 11. A simple survey can be an interview with some classmates or residents in the neighborhood.
12. They are the one who convert raw materials into finished products. producer manufacturer developer
13. Those who plant and harvest products as in the case of fruits and vegetables . producer manufacturer developer
14. It is also called as products or merchandise . profit goods services needs
15. Barbershop, car wash, dental clinic are examples of : Products Services Manufacture Retail