Which of the Following Is NOT Correct About Markets

question 189

Multiple Choice

Which of the following is NOT correct about markets?

• A) They enable buyers and sellers to conduct transactions with one another.
• B) They require a physical location for transactions to take place.
• C) They use prices to communicate between buyers and sellers.
• D) They can exist for single goods as well as for multiple products.

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Definitions:

Photosynthesis

The process by which green plants and some other organisms use sunlight to synthesize nutrients from carbon dioxide and water, releasing oxygen as a byproduct.

Euphotic Zone

The layer of a body of water that is sufficiently lit by sunlight, allowing photosynthesis to occur.

Bathyal Zone

The bathyal zone refers to the oceanic depth range from 200 to 4000 meters below the surface, characterized by limited sunlight and cooler temperatures, inhabiting a unique marine life.

Coastal Zone

The interface between land and water, including the shoreline and adjacent land areas that directly affect or are affected by marine processes.