Which of the following statements is true of markets?
A)They are composed of people or organizations.
B)They thrive only on government funds and subsidies.
C)They allow consumers to take products for free.
D)They influence consumers to buy products they do not need.

Question

Quizplus · Accepted Answer

Markets are composed of people or organizations buying and selling goods and services. The other statements are false. Markets do not thrive only on government funds and subsidies, they do not allow consumers to take products for free, and they do not force consumers to buy products they do not need.

Which of the Following Statements Is True of Markets