What we consider a market has evolved over time, from an actual physical marketplace, such as a farmers market, to large stores and to Internet marketplaces such as eBay.

• Discuss the main components necessary for a market to occur.
• Discuss a market you have recently participated in, either professionally or personally. Why is it important for you to take part in this market, and what differentiates it from other markets?

Reference:

Asarta, C. J., Butters, R. (2022).Connect master principles of economics. McGraw-Hill.