Homework Answers
If we define a market in sinple terms then it is aphysical or not a physical place for transaction to be happened between buyers and the sellers.
The price is used to communicate between them market
It can be accepted for the single good as well as many variety of goods
For example market of bidding for any building in which the building is only single good and there are buyers and sellers who transact between each other
so here only in correct answer is option b because it says that you require a physical location for the transaction but it is not true because transactions can be take place physically as well as digitally
Option B is true
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I don't feel confident about my answer. can you help explain which is the correct answer...
I don't feel confident about my answer. can you help
explain which is the correct answer and WHY
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I don't feel confident about my answer. can you help
explain which is the correct answer and WHY
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