Social media has made markets less efficient by keeping buyers and sellers from meeting face to face.

Question

Quizplus · Accepted Answer

Social media has actually made markets more efficient by increasing access to information and expanding the reach of buyers and sellers beyond geographic boundaries. While face to face interactions may still occur in some cases, social media allows for many transactions to take place online, making markets more accessible and convenient for participants.

Social Media Has Made Markets Less Efficient by Keeping Buyers