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- Key characteristics that define a market include12:
- Availability of an arena
- Presence of buyers and sellers
- A commodity that can be purchased and sold
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Some key characteristics help define a market, including the availability of an arena, buyers and sellers, and a commodity that can be purchased and sold.www.investopedia.com/terms/m/market.aspIn economics, a market is a composition of systems, institutions, procedures, social relations or infrastructures whereby parties engage in exchange.en.wikipedia.org/wiki/Market_(economics) - People also ask
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Market (economics) - Wikipedia
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