byron17 byron17
  • 01-02-2019
  • Social Studies
contestada

What is the role of buyer & seller in the marketplace

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kendricashe
kendricashe kendricashe
  • 06-02-2019

Buyers demand goods and services; sellers supply goods and services. Markets exist when buyers and sellers interact. This interaction determines market prices and thereby allocates goods and services. The price is what people pay when they buy a good or service, and what they receive when they sell a good or service.

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