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31 July, 18:16

What is the effect of the interaction of buyers and sellers on a market?

A. the amount of a good that is bought

B. the amount of a good that is actually used rather than bought

C. the amount of money spent to buy a good

D. the amount of a good that is bought for a specific amount of money

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Answers (1)
  1. 31 July, 19:14
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    The answer is: D. the amount of a good that is bought for a specific amount of money

    The interaction made by sellers and buyers revolve around the trades of resources that they owned.

    For example, let's say that you buy 10 donuts for 1$ each.

    To complete the transaction, you need to give exactly $10 to the sellers (specific amount of money) and the sellers need to give you exactly 10 donuts (specific amount of goods).
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