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Which of the Following Is the Definition of 'Market' Given

Question 23

Multiple Choice

Which of the following is the definition of 'market' given by s 4E of the Competition and Consumer Act 2010 (Cth) ?


A) An area of close competition between firms.
B) A market in Australia for goods or services and other goods or services which can be substituted for the first mentioned goods and services.
C) An area of actual and potential transactions between buyers and sellers amongst whom there can be strong rivalry.
D) All of the above.

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