For a market for a good or service to exist,there must be a

Name: For a market for a good or service to exist,there must be a
Brand: Quizplus
Rating: 4.9 (45 reviews)

Question

Quizplus · Accepted Answer

For a market to exist, all of the listed factors must be present. Buyers and sellers create demand and supply, which is necessary for trade to occur. A specific time and place is often needed for buyers and sellers to come together and exchange the good or service. Lastly, while not always required, a level of organization is often present to facilitate efficient trading.

For a Market for a Good or Service to Exist,there