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The concept of a market is a location where buyers and sellers meet to negotiate prices and determine quantities trade...

The concept of a market is a

  • location where buyers and sellers meet to negotiate prices and determine quantities traded.

  • store.

  • place where sellers increase their wealth.

  • group of buyers and sellers of a good or service.

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Answer #1

Market in simple terms can be defined at a place where two parties -buyers and sellers interact to exchange goods and services by negotiating price and quantity traded .

It can be face to face or virtual.

it is also the type of market like in terms of stocks where securities are traded.

Answer is option A

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