Market is defined as?
Question
Market is defined as?Options
A)
one geographical location where people meet to buy and sell
B)
the demand and supply of goods and services
C)
a group of people whose sole interest is to make profit
D)
any organizational framework which links the buyers and sellers of a good and service
Related Lesson: How Imperfect Information Can Affect Equilibrium Price and Quantity | Information, Risk, and Insurance
The correct answer is D.
More Past Questions:
Discussion
Other Subjects
- English Language
- Biology
- Mathematics
- Government
- Physics
- Chemistry
- Christian Religious Knowledge
- Commerce
- Geography
- Literature In English
- Accounts
- Agricultural Science
- General Paper
- Islamic Religious Knowledge
- History
- Further Mathematics
- Current Affairs
- Civic Education
- Math
- Reading
- Writing and Language
- Computer Studies
- French
- Home Economics
- Hausa
- Yoruba
- Igbo
- Fine Arts