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which of the following best describes an active market? i. a market where the price is slow to change ii. a market where transactions occur frequently and prices adjust rapidly to clear surpluses or shortages iii. a market where surpluses or shortages can persist for a long time

User Kirow
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1 Answer

4 votes

Answer:

1

Step-by-step explanation:

a market is a place is the point of interaction between buyers and sellers

User Sergey  Telminov
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