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- A market is a place or a group of people where buyers and sellers can exchange goods and services12. A market requires both parties to have something of value to offer, and they must seek to satisfy similar needs through the exchange2. Markets can be physical, like a store, or virtual, like a website1. Markets can vary in size, scope, and legality1.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.A market is where buyers and sellers can meet to facilitate the exchange or transaction of goods and services. Markets can be physical, like a retail outlet, or virtual, like an e-retailer. Examples include illegal markets, auction markets, and financial markets.www.investopedia.com/terms/m/market.aspA market is just a group of consumers who seek to satisfy similar needs through some form of exchange. First, the participants in the market must have something to exchange. That is, both parties have to have something of value so the consumer in order to be part of a viable market.thebusinessprofessor.com/principles-of-marketing/…
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