Question

(1) What is meant by market in economics ?

Answer 1

Answer:

market is one of the many varieties of systems, institutions, procedures, social relations and infrastructures whereby parties engage in exchange. While parties may exchange goods and services by barter, most markets rely on sellers offering their goods or services (including labor power) in exchange for money from buyer

Answer 2

Explanation:

economics, the concept of a market is any

structure that allows buyers and sellers

to exchange any type of goods, services

and information