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- A market is a place where parties can gather to facilitate the exchange of goods and services. The parties involved are usually buyers and sellers. The market may be physical, like a retail outlet, where people meet face-to-face, or virtual, like an online market, where there is no physical presence or contact between buyers and sellers.www.investopedia.com/terms/m/market.asp
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WebA set up where two or more parties engage in exchange of goods, services and information is called a market. Ideally a market is a place where two or more parties are involved in buying and selling. The two …
WebMay 30, 2019 · A market is any place where sellers of particular goods or services can meet with buyers of those goods and services. It creates the potential for a transaction to take place. The buyers must have …
Markets: Meaning, Classification and Other Details
WebThe Market: Market is the key concept of this article. Moreover, it is perhaps the most important concept of microeconomics. The term ‘market’ refers to “any kind of institutional arrangement whereby buyers and sellers …
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