The best definition of a market isa. a store that offers a variety of goods and services.b. a place where buyers meet and an auctioneercalls out prices.c. a group of buyers and sellers of a good or service.d. a venue where the sole supplier of a good offersits product

The best definition of a market isa. a store that offers a variety of goods and services.b. a place where buyers meet and an auctioneercalls out prices.c. a group of buyers and sellers of a good or service.d. a venue where the sole supplier of a good offersits product

Economics:

10th Edition

ISBN:9781285859460

Author:BOYES, William

Publisher:BOYES, William

Chapter19: Using Economics To Understand The World Around You

Section: Chapter Questions

Problem 1E

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Question

The best definition of a market is
a. a store that offers a variety of goods and services.
b. a place where buyers meet and an auctioneer
calls out prices.
c. a group of buyers and sellers of a good or service.
d. a venue where the sole supplier of a good offers
its product

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