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Which of the Following Statements About Markets Is Not True

Question 104

Multiple Choice

Which of the following statements about markets is not true?


A) Markets necessarily have a physical location.
B) Markets have both a demand side and a supply side.
C) The two types of markets include the factor and product markets.
D) Every market transaction involves an exchange of money for goods or resources or a direct exchange of goods or resources without money called barter.

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