Markets are BEST defined as
A) specific geographic locations where people get together to buy and sell.
B) arrangements where buyers and sellers get together to buy and sell.
C) hypothetical constructs used to analyse how people form their tastes and preferences.
D) places where people can inspect goods and services carefully.

Question

Quizplus · Accepted Answer

Markets are not limited to physical locations; they encompass any arrangement where buyers and sellers interact to exchange goods and services, including online platforms.

Markets Are BEST Defined as