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If ram's father bought mangoes for his own satisfaction but ram also ate mango. Then ram is said to be consumer or not?
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If ram's father bought mangoes for his own satisfaction but ram also a...
Is Ram a Consumer?
Consumption is defined as the act of buying goods and services for personal use. In the given scenario, Ram's father bought mangoes for his own satisfaction, but Ram also ate mango. This raises the question, is Ram a consumer?
What is a Consumer?
- A consumer is an individual or household that purchases goods and services for personal use.
- Consumers make choices based on their needs, preferences, and budget.
- A consumer is not limited to buying goods and services for themselves; they can also purchase them for others.
Is Ram a Consumer?
- Since Ram ate the mango, he benefited from it, which means he consumed it.
- Even though Ram's father bought the mango for his own satisfaction, Ram was still a beneficiary of the purchase.
- Therefore, Ram can be considered a consumer in this scenario.
Conclusion
In conclusion, Ram is a consumer in the given scenario since he benefited from the mango that his father bought, even though his father bought it for his own satisfaction.
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If ram's father bought mangoes for his own satisfaction but ram also ate mango. Then ram is said to be consumer or not?
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If ram's father bought mangoes for his own satisfaction but ram also ate mango. Then ram is said to be consumer or not? for Class 11 2024 is part of Class 11 preparation. The Question and answers have been prepared according to the Class 11 exam syllabus. Information about If ram's father bought mangoes for his own satisfaction but ram also ate mango. Then ram is said to be consumer or not? covers all topics & solutions for Class 11 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for If ram's father bought mangoes for his own satisfaction but ram also ate mango. Then ram is said to be consumer or not?.
If ram's father bought mangoes for his own satisfaction but ram also ate mango. Then ram is said to be consumer or not? for Class 11 2024 is part of Class 11 preparation. The Question and answers have been prepared according to the Class 11 exam syllabus. Information about If ram's father bought mangoes for his own satisfaction but ram also ate mango. Then ram is said to be consumer or not? covers all topics & solutions for Class 11 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for If ram's father bought mangoes for his own satisfaction but ram also ate mango. Then ram is said to be consumer or not?.
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