In its purest form a market operates to unite buyers and sellers and to fix a ______________ for the product or service.

Question

Quizplus · Accepted Answer

In its purest form, a market operates to unite buyers and sellers and to fix a price for the product or service. Taxes and gratuities are not directly related to the basic function of a market, which is to determine prices through the forces of supply and demand.

In Its Purest Form a Market Operates to Unite Buyers