Which of the Following Is Not a Characteristic of a Good

question 115

Multiple Choice

Which of the following is not a characteristic of a good market?

• A)central location
• B)quick and accurate trade execution
• C)low cost of trading
• D)all of the above are characteristics of a good market

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Definitions:

World Supply

Refers to the total amount of a particular good or service that is available for purchase on the global market.

Futures Market

A financial market where participants can buy and sell contracts for the delivery of assets at a future date, often used for hedging and speculation.

Demand

The quantity of a product or service that consumers are willing and able to purchase at various prices.

Coffee Creamer

A dairy or non-dairy product added to coffee in order to enhance its flavor and texture.