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Who are the three main participants involved in the market process?
  • a)
    Buyers, sellers, and regulators
  • b)
    Producers, consumers, and distributors
  • c)
    Manufacturers, wholesalers, and retailers
  • d)
    Buyers, sellers, and intermediaries
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
Who are the three main participants involved in the market process?a)B...
The three primary participants involved in the market process are buyers, sellers, and intermediaries. Buyers are individuals or entities looking to acquire goods or services, sellers are those offering products for sale, and intermediaries facilitate the transaction process between buyers and sellers. Intermediaries can include agents, brokers, or other third parties that help in the exchange of goods and services.
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Who are the three main participants involved in the market process?a)Buyers, sellers, and regulatorsb)Producers, consumers, and distributorsc)Manufacturers, wholesalers, and retailersd)Buyers, sellers, and intermediariesCorrect answer is option 'D'. Can you explain this answer?
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