A market is always characterized by
A) a high degree of organization.
B) an individual or small group of individuals who set the price of the product for all buyers and sellers.
C) the presence of buyers and sellers.
D) All of the above are correct.
Correct Answer:
Verified
Q1: The term market always refers to
A)an arrangement
Q3: A group of buyers and sellers of
Q5: In a competitive market,each seller has limited
Q6: Which of the following statements is correct?
A)Buyers
Q7: The forces that make market economies work
Q8: Most markets in the economy are
A)markets in
Q9: For each good produced in a market
Q10: A market is a
A)group of buyers and
Q111: For a competitive market,which of the following
Q119: A competitive market is one in which
A)
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