Soru
(II) In economics , a market refers to a social structure for exchange of rights which enables things to be evaluate and priced (II)These functions of a market required , at a minimum, that both parties expect to become better off as a-result of the tra nsaction .(III) The definition also implies that at least three actors are needed for a market to exist . (IV) It allows buyers and sellers to discover information and carry out:a voluntar v exchange of goods or services. MF urthermore , it is one of the two key ins titutions for org anizing trade , along with the right to own property. 4) I (B) 1) C) III D) IV E)V
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The correct answer is D) IV. This statement explains that a market allows buyers and sellers to discover information and carry out a voluntary exchange of goods or services. It highlights the importance of voluntary exchange in a market, where both parties willingly engage in the transaction.
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