A Market

question 50

Multiple Choice

A market

• A)must be located in a single centralized place where all buyers and sellers can meet together at once.
• B)generally fails to coordinate trading activity, as evidenced by the apparent chaos on Wall Street.
• C)cannot operate without direct government intervention in the conduct of trades.
• D)requires little communication.
• E)is a group of buyers and sellers buying and selling goods and services.

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Definitions:

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Invisible fields that exert force on moving electric charges and magnetic materials, surrounding magnets and electric currents.