Markets exist:

Name: Markets exist:
Brand: Quizplus
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Question

Markets exist:

Quizplus · Accepted Answer

Markets exist for multiple reasons. People specialize in producing one or two products because it is more efficient and allows them to trade for other goods they need. People are not self-sufficient, and thus they need to exchange goods and services with each other. Markets provide a platform for buyers and sellers to exchange goods and services, creating the basis for trade and commerce. Therefore, all three options are correct.

Markets Exist