A group of buyers and sellers with the potential to trade is known as

Question

Quizplus · Accepted Answer

A market is a group of buyers and sellers who have the potential to trade. A cartel is a group of sellers who collude to restrict output and raise prices. An industry is a group of businesses that produce and sell a particular good or service. A sector is a broader term that refers to a larger category of industries or businesses, such as the financial sector or the healthcare sector.

A Group of Buyers and Sellers with the Potential to Trade