Question

Which of the following is the BEST example of a market exchange?

A. Andre renews his membership at his health club
B. After an unsuccessful job interview, Melanie buys a hamburger from a Dulles Airport vendor while on her way home to Tulsa, Oklahoma
C. Handelmann Florist buys two cases of flower vases from its regional gardening supplies distributor
D. A consumer products company hires a Minnesota company to oversee another promotional contest and to determine the winners of the prizes
E. Susan and Alan buy life insurance from the same insurance agent from whom they purchased car and home insurance

Answer 1

Option C: Handelmann Florist buying two cases of flower vases from its regional gardening supplies distributor is the best example of a market exchange.

Step-by-step explanation:

The BEST example of a market exchange from the given options is option C: Handelmann Florist buying two cases of flower vases from its regional gardening supplies distributor.

In a market exchange, goods or services are bought and sold between buyers and sellers. In this example, Handelmann Florist is a firm in the goods market that purchases flower vases from its supplier, which is a regional gardening supplies distributor. This transaction involves the exchange of goods for money.

Other options, such as renewing a membership at a health club (option A), buying a hamburger from a vendor (option B), hiring a company for a promotional contest (option D), or purchasing insurance from an agent (option E), may involve financial transactions, but they do not represent a direct market exchange of goods.