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- The concept of a market123:
- A market is where buyers and sellers meet to exchange goods and services.
- Markets can be physical or virtual.
- Examples include illegal markets, auction markets, and financial markets.
- Prices in markets are determined by supply and demand.
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. Markets establish the prices of goods and services, determined by supply and demand.www.investopedia.com/terms/m/market.aspIn mainstream economics, the concept of a market is any structure that allows buyers and sellers to exchange any type of goods, services and information. The exchange of goods or services, with or without money, is a transaction.en.wikipedia.org/wiki/Market_(economics)At its core, a market is a space or platform where buyers and sellers interact to facilitate the exchange of goods, services, or information. Markets can take various forms, including physical locations like traditional marketplaces, online platforms, or even networks where financial instruments are traded.mbahub.in/marketing-management/the-concept-of … - People also ask
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