Which of the Following Is NOT a Market

question 157

Multiple Choice

Which of the following is NOT a market?

• A) an online electronic auction
• B) a group of paving contractors bidding for a road construction contract
• C) ticket scalpers selling tickets outside a sold-out sports event
• D) All of the above are markets.

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Definitions:

Pie Chart

A circular statistical graphic divided into slices to illustrate numerical proportion.

Central Angle

An angle whose vertex is the center of a circle and whose sides pass through a pair of points on the circle.

Registered Voters

Individuals who have officially recorded their names and other relevant details to be eligible to vote in elections.

Population of Interest

The complete set of individuals, items, or data that a study intends to understand or make inferences about.