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Which statement is true of markets? Multiple Choice Market is the general name for the line of product or service being sold, or the firms
Which statement is true of markets? Multiple Choice Market is the general name for the line of product or service being sold, or the firms in that line of business. The scope of a market describes the size of the market - mass or niche. Most industries have both mass and niche markets. The scale of a market describes the range covered - local to global
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