A market consists of all of the following elements except: Select one: a. Individuals or Organizations b. Goods, Services, or Ideas c. Entities with the potential to have a desire d. Entities with the potential to have the ability to acquire e. All of the above are characteristics of a market

Question

Efrain Rivers

Business

1 January, 12:37

A market consists of all of the following elements except: Select one: a. Individuals or Organizations b. Goods, Services, or Ideas c. Entities with the potential to have a desire d. Entities with the potential to have the ability to acquire e. All of the above are characteristics of a market

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Answers (1)

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Leah Montgomery · Answer 1

All of the above are characteristics of a market

Explanation:

A market can be rightly defined as an arrangement of two or more parties who engage in the exchange of goods, services and information. It could simply mean the sum total of buyers and sellers in a given area such as country, region, states or cities. It may be found physically or virtually.

It has all the characteristics stated in the question.