You see, this factory makes diamond studded leather dog collars. Megamoney makes leather and sells it to me. Megamoney is a PRODUCER. A producer is anyone who makes or grows a good, or does a service to sell. The object of selling a good or a service is to make a profit. A PROFIT is money that you gain by selling a good or a service.
I bought the leather, I am a CONSUMER. A consumer is anyone
who buys a good or a service
I am also a producer beause I sell the collars.
is money that you lose. A producer will either have profit or loss. For
example, if it cost me $50 to make a collar, and I sold it for $30, I lost
1. If you buy a C.D. player at the mall, you are a _____.
2. If you open a lemonade stand, earn $25, pay your mom $10 for supplies,
you have $15 ____.
3.Remember that lemonade stand you run? Since you sell the lemonade, you are a __.
4. If you spend $20 on advertising and don't make any money, that $20 is a ___.
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