Question

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

A. agreement on the price and quantity traded

B. association of both supply and demand with income

C. theoretical relationship between price and use

D. desire for goods that cannot actually be afforded

Answer 1

The interaction of buyers and sellers in the market helps to determine the market price, thereby allocating scarce goods and services efficiently.

Answer 2

Answer:agreement on the price and quantity traded

Explanation: grad point