Question

Which of the following is not a market?

• A. A local beauty parlour
• B. The Bombay Stock Exchange
• C. Apple app store
• D. None of the above

Answer 1

Answer: (D)

None of the above

All the given options can be considered to be markets.

A market in economics, is any group of buyers and sellers of a good or service and the arrangement by which they come together to trade.
They can be physical places, such as a local pizza parlor or the New York Stock Exchange, or virtual places, such as eBay or iTunes. In a market, the buyers demand goods or services, and the sellers supply them.