Buyers and sellers of a particular good comprise the:
A)market for the good.
B)demand for the good.
C)supply for the good.
D)production possibilities curve for the good.

Question

Quizplus · Accepted Answer

The market for a good refers to the group of buyers and sellers who come together to trade that good. Therefore, option A is the best choice as it accurately describes the group of buyers and sellers of the particular good. Options B, C, and D all refer to specific aspects of the market, but do not accurately describe the entire group of buyers and sellers.

Buyers and Sellers of a Particular Good Comprise The