What is the term for the mechanism which brings buyers and sellers together to assist them in negotiation the exchange of products?
A)Production possibilities.
B)Laissez-faire.
C)Opportunity cost.
D)The market.
E)Supply and demand.

Question

Quizplus · Accepted Answer

The term for the mechanism which brings buyers and sellers together to assist them in negotiating the exchange of products is the market. The market includes all the buyers and sellers who are interested in a particular product or service, and serves as a platform for them to come together and negotiate the terms of the exchange.

What Is the Term for the Mechanism Which Brings Buyers