Market
A market is a meeting place between buyers and sellers where sellers promote products for sale and buyers want products to buy.
The products offered on the market are sold at a price that are determined by buyers demand and sellers supply. The quantity traded in a market is determined by how much buyers are willing to pay for products and what sellers want to sell the products for. In a market, the price of products is determined based on buyers demand and sellers supply.
Updated
4/25/2013
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market, macro theory, economics