Economics WAEC

In Economics market is define as?

A. A place where buyers and sellers come together to exchange goods
B. Any agreement made for consumers to buy all they need
C. any arrangement made for producers to sell all their goods
D. any arrangement whereby buyers and sellers are in close touch with one another
E. a place where only consumer goods are sold

Correct Answer:

Option D – any arrangement whereby buyers and sellers are in close touch with one another

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