lilliecallaway1silly lilliecallaway1silly
  • 23-08-2016
  • English
contestada

Markets exist wherever _____ and _____ exchange goods and services.

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PhillipStoneKY
PhillipStoneKY PhillipStoneKY
  • 23-08-2016
Markets exist wherever Buyers and Sellers exchange goods and services. 
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palebadgworthy
palebadgworthy palebadgworthy
  • 12-06-2019

The correct answer is: "producers and consumers".

Markets are constituted by the interactions of economic agents (individuals/households, firms and public sectors) who act either as producers and consumers. These agents exchange products and services to satisfy the needs of the consumers. The mentioned products are manufactured by the first with the aim of maximizing profits.

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