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A market: a. is an institution that brings together buyers and sellers. b. always requires face-to-face contact between buyer and seller. c. reflects upsloping demand and downsloping supply curves. d.
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A market:

a. is an institution that brings together buyers and sellers.
b. always requires face-to-face contact between buyer and seller.
c. reflects upsloping demand and downsloping supply curves.
d. entails the exchange of goods, but not services.

User Dominik Kunicki
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1 Answer

1 vote

Answer:

a. is an institution that brings together buyers and sellers.

Step-by-step explanation:

A market is an institution that brings together buyers and sellers to exchange goods and services.

A market doesnt always requires face-to-face contact between buyer and seller thanks to the internet.

I hope my answer helps you.

User Stefan Pries
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