Which of the following is the BEST example of a market exchange?
A) Andre renews his membership at his health club
B) After an unsuccessful job interview, Melanie buys a hamburger from a Dulles Airport vendor while on her way home to Tulsa, Oklahoma
C) Handelmann Florist buys two cases of flower vases from its regional gardening supplies distributor
D) A consumer products company hires a Minnesota company to oversee another promotional contest and to determine the winners of the prizes
E) Susan and Alan buy life insurance from the same insurance agent from whom they purchased car and home insurance

Question

Quizplus · Accepted Answer

A market exchange involves the voluntary exchange of goods or services between two parties, where both parties benefit. Option B fits this definition as Melanie voluntarily purchases a hamburger from the airport vendor in exchange for money, and both parties benefit from the exchange. The other options involve more complex business transactions or ongoing business relationships, which may not fit the strict definition of a market exchange.

Which of the Following Is the BEST Example of a Market