answersLogoWhite

0

What best describes a market?

Updated: 9/19/2023
User Avatar

Wiki User

13y ago

Best Answer

Such a market is not planned or controlled by a central authority so that people can buy and sell freely

User Avatar

Sydnee Fritsch

Lvl 10
1y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What best describes a market?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

How do you best describes the relationship between competition and a free-market economy?

The following statement best describes the relationship between competition and a free market system: Competition increases within a free market system.


What best describes japan's economic system?

Mixed/Market


What best describes the product market?

Where individuals can purchase goods that they want.


What best describes market prices that change often and to a great degree with dramatic spikes and plunges?

Volatile is the word that best describes market prices that change often and to a great degree with dramatic spikes and plunges.


What word best describes the product market?

Where individuals can purchase goods that they want.


What best describes an increase in the general market prices of goods and services?

Inflation


What best describes a market economy?

Such a market is not planned or controlled by a central authority so that people can buy and sell freely


What terms best describes an increase in the general market prices of goods and services?

Inflation


What describes market prices that change often and to a great degree with dramatic spikes and plunges?

Volatile is the word that best describes market prices that change often and to a great degree with dramatic spikes and plunges.


Why of the following best describes the 1929 event known as Black Tuesday?

The stock market crashed.


What best describes the incentive for producers to conduct market research?

The desire to know what consumers want.


Which best describes the use of open market operations to influence the money supply?

The Fed buys and sells Treasury bonds in the bond market.