Asked by Domenica Andrade on Jun 10, 2024
Verified
A newspaper's classified ads are an example of a market.
Classified Ads
Short advertisements placed in a bulletin, newspaper, or online platform, categorized by the type of product, service, or job offered.
Market
A market is a place or mechanism where buyers and sellers interact to trade goods, services, or financial instruments.
- Describe the essence of a market and comprehend the assortment of market types.
Verified Answer
JC
Jaime CovertyJun 10, 2024
Final Answer :
True
Explanation :
Classified ads in a newspaper facilitate the exchange of goods and services by bringing together buyers and sellers, which is a fundamental characteristic of a market.
Learning Objectives
- Describe the essence of a market and comprehend the assortment of market types.