MANAGEMENT

Detailed explanation-1: -A market is a place where buyers and sellers can meet to facilitate the exchange or transaction of goods and services.

Detailed explanation-2: -market, a means by which the exchange of goods and services takes place as a result of buyers and sellers being in contact with one another, either directly or through mediating agents or institutions.

Detailed explanation-3: -Commerce is defined as the exchange of goods and services between two or more entities. It typically involves buying and selling things of value. Commerce can take place between businesses, between consumers, or between businesses and consumers.

Detailed explanation-4: -Households are buyers in the market for goods and services. Households exchange income for goods and services. Businesses are sellers in the market for goods and services. Businesses sell goods and services in exchange for money, which in this case is called revenue.