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What is a market? Flashcards | StudBud

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What is a market?

10 terms·StudBud Administration·165 plays

Goods, service, supply, and demand.

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Questions 10

Answers

1
Supply is how much of something a seller has available.
True
False
2
What is a market?
A place where people get together
A place where goods and services are sold
A place where you can do different things.
A place where only services are offered
3
A bicycle is service.
True
False
4
A good is anything that is made or grown
False
True
5
What is demand?
How many times you go to a market.
How much something people want to buy.
When people have problems
When people don't want the movie.
6
Why is hair braiding a service?
Because they give you a shampoo.
They give you a wig
They offer you a glass of milk
They don't give you any product
7
A taxi ride is a product
False
True
8
A service is any product people sell.
False
True
9
Fresh flower bouquet is a product.
True
False
10
The price of something depends on the supply and demand
False
True