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What Term in Economics Refers to a Group of Buyers

question 25

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What term in economics refers to a group of buyers and sellers of a product and the arrangement by which they come together to trade?


Definitions:

Peg-Word System

A mnemonic technique for memorizing lists by associating items with a pre-memorized list of words or numbers.

Visually Associating

The process of forming connections or associations between visual images to facilitate remembering or understanding.

Mental Images

are representations in a person's mind of the physical world outside of that person, which can include visual, auditory, or other sensory experiences.

Imagery

Mental pictures; a powerful aid to effortful processing, especially when combined with encoding.

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