When someone opens a cupcake bakery, what role would they play in the economy?
researcher
analyst
economist
producer
When someone opens a cupcake bakery, what role would they play in the economy?
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When someone opens a cupcake bakery, what role would they play in the economy?
researcher
analyst
economist
producer
The correct answer is producer.
A cupcake bakery owner plays the role of a producer because they create goods (cupcakes) for sale in the market. Producers are essential in the economy as they contribute to the supply of products, create jobs, and stimulate economic activity through their businesses. If you have more questions or need further assistance, feel free to ask!