Which of the following is a market transaction?
A)A stock increases in value over the 30 years that it is owned.
B)A college student purchases a laptop computer.
C)Weather destroys a farmer's crops,leaving the farmer unable to buy groceries.
D)A radio station changes its programming from classical to rock.

Question

Quizplus · Accepted Answer

A market transaction involves the exchange of goods or services between a buyer and a seller, usually for money. In option B, the college student is purchasing a laptop computer, which involves both a buyer (the student) and a seller (the retailer or manufacturer) exchanging goods for money. The other options do not involve a typical market transaction. Option A describes a change in value of a stock over time, but does not involve the exchange of goods or services between a buyer and a seller. Option C describes a natural disaster affecting a farmer's ability to buy groceries, but does not involve any exchange of goods or services. Option D describes a change in programming for a radio station, but does not involve any exchange of goods or services between a buyer and a seller.

Which of the Following Is a Market Transaction