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Question

A place where buyers and sellers meet to exchange their goods and services is called a.

A
Market
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B
Park
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C
House
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Solution

The correct option is A Market
Market is a location, more like a physical place, where buyers and sellers meet to exchange their goods and services. In economics, the term ‘market’ does not refer to a particular place as such, but it refers to shops for one commodity or a set of commodities.

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