Which of the following statements about a market is true?
A) It is not necessary for the market to have a physical location.
B) The market does not necessarily own the goods or services involved.
C) A market can deal in any variety of goods and services.
D) All of the above
E) None of the above

Question

Quizplus · Accepted Answer

All of the statements are true. A market can be virtual or have a physical location, and the goods and services traded in the market can be owned by individuals or businesses outside of the market. A market can deal in any variety of goods and services, such as financial instruments or labor.

Which of the Following Statements About a Market Is True