For a market for a good or service to exist,
A) there must be a group of buyers and sellers.
B) there must be a specific time and place at which the good or service is traded.
C) the price of the good must be determined by the sellers.
D) All of the above are correct.
Correct Answer:
Verified
Q10: A market is a
A)group of buyers and
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A)supply determines demand and,
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Q19: In a competitive market,
A)only a few sellers
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A)absolute
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