menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Economics Study Set 3
  4. Exam
    Exam 1: Economics: Foundations and Models
  5. Question
    The Term ________ in Economics Refers to a Group of Buyers
Solved

The Term ________ in Economics Refers to a Group of Buyers

Question 124

Question 124

Multiple Choice

The term ________ in economics refers to a group of buyers and sellers of a product and the arrangement by which they come together to trade.


A) collective
B) cooperative
C) market
D) trade-off

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q13: Which of the following statements about economic

Q45: In a market economy,those who are willing

Q64: "An increase in the price of oranges

Q70: "An increase in the price of gasoline

Q122: How are the fundamental economic decisions determined

Q164: Selling tickets to graduation ceremonies has long

Q168: Suppose the U.S.government encouraged new teachers to

Q185: Which of the following is an example

Q198: Suppose the extra cost for a plumber

Q216: "A decrease in the price of digital

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines