Market Behavior and Competition Quiz

Sellers

Buyers (correct)

Both buyers and sellers

Auctioneers

A highly organized market for agricultural commodities

A group of buyers and sellers of a particular good or service (correct)

A specific time and place where buyers and sellers meet

An auction facilitated by an auctioneer

Find the price that brings buyers and sellers into balance

Keep order and arrange sales (correct)

Determine the demand and supply

Set the prices for buyers and sellers

<p>Markets for agricultural commodities</p> Signup and view all the answers

<p>Sellers</p> Signup and view all the answers