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    Question

    Market is a place of

    ______.
    A Buying and selling takes place Correct Answer Incorrect Answer
    B Governemnt engage in exchange Correct Answer Incorrect Answer
    C Meeting place of Government officials Correct Answer Incorrect Answer
    D Area or region under construction Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    In economics, a market is a composition of systems, institutions, procedures, social relations or infrastructures whereby parties engage in exchange.

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