It is easier for buyers and sellers to exchange and process price information in market systems than in nonmarket systems.

Question

Quizplus · Accepted Answer

In market systems, buyers and sellers have access to clear and transparent price information, and transactions can occur quickly and efficiently. In nonmarket systems, such as those based on bartering, pricing information may be less standardized and transactions can be more time-consuming and complicated.

It Is Easier for Buyers and Sellers to Exchange and Process