a. Used cars trade in dealer markets (used-car lots or auto dealerships) and in direct search markets when individuals advertise in local newspapers or Internet listings.

b. Paintings trade in broker markets when clients commission brokers to buy or sell art for them, in dealer markets at art galleries, and in auction markets.

c. Rare coins trade in dealer markets, for example, in coin shops or shows, but they also trade in auctions and in direct search markets when individuals advertise they want to buy or sell coins.

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