For a Market for a Good or Service to Exist,there

question 6

Multiple Choice

For a market for a good or service to exist,there must be a

• A)group of buyers and sellers.
• B)specific time and place at which the good or service is traded.
• C)high degree of organization present.
• D)All of the above are correct.

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Definitions:

Inorganic Compounds

Chemical substances that do not contain both carbon and hydrogen, exhibiting a wide range of physical and chemical properties.

Metabolism

The chemical processes within a living organism that are necessary for maintaining life, involving energy production and utilization.

Complex Carbohydrates

Carbohydrates consisting of long chains of glucose molecules, including starches and dietary fiber, which digest slower compared to simple carbohydrates.

Starches

Carbohydrates found in many plants, serving as an essential energy source for humans.