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Q.

Name the people who are between the producers of things and users of things.

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a

Producer

b

Trader

c

Consumer

d

None of the above

answer is B.

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Detailed Solution

Traders are between the producers of things and users of things.
Traders serve as a conduit between producers and consumers. Producers are those who provide goods to meet the needs of people in a society. Consumers are those who use the products on the market.
Producers and consumers are numerous and dispersed throughout the market. The traders are present to establish a link between these. Traders assist consumers by providing them with products as and when they are required. Retailers and wholesalers are also counted as traders.

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