Consumer - A person who buys goods and services to satisfy their needs and wants., Goods - Items that are tangible., Services - An intangible good that is provided by someone or a business., Needs - Goods essential to our survival. , Wants - Luxury or non-essential items. , Durable - A good that can be used many times., Non- durable - A good that can only be used once., Commercial decisions - What to buy? How much money to save? Where to live?,

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