GK
BUSINESS ECONOMICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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what is a market?
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where you can buy new dresses
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where you can text people back and fourth
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where you go to draw out money
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where buyers and sellers exchange any types of goods, services and information
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Explanation:
Detailed explanation-1: -Financial markets are of following types: Stock Market-A form of market where sellers and buyers exchange shares is called a stock market.
Detailed explanation-2: -The two main types of markets are consumer and business markets. Consumer markets provide products to aid in people’s livelihood. Business markets sell goods and services to other businesses.
Detailed explanation-3: -The Concept of Exchange between Buyer-Seller An exchange of goods or services is the determiner of a business relationship between buyers and sellers. The commercial transaction between buyers and sellers is influenced by the factors of time, purpose, and intimacy.
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