A market, by definition, is the interaction between consumers and suppliers. It is the place where buyers and sellers come together to exchange goods and services at an agreed price. Therefore, the correct answer is C, as it involves the interactions of both consumers and suppliers.

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A Market

Question 15

Multiple Choice

A market

A) describes the decision making process of suppliers only
B) describes the decision making process of consumers only
C) brings together the interactions of consumers and suppliers
D) brings together the interactions of businesses and the government

Correct Answer: