A market is a means through which buyers and sellers are brought together to aid in the transfer of goods and/or services.

Question

Quizplus · Accepted Answer

This statement is true. A market can refer to a physical location where buyers and sellers meet, or it can refer to a virtual platform where they can connect, such as online marketplaces. The primary purpose of a market is to facilitate the exchange of goods and services between parties.

A Market Is a Means Through Which Buyers and Sellers