puudiinn3348 puudiinn3348
  • 10-01-2020
  • Business
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A market often characterized by one-on-one bargaining is a(n) _______ market.a. formalb. informalc. generald. specific

Respuesta :

DeniceSandidge DeniceSandidge
  • 10-01-2020

Answer:

correct option is b. informal

Explanation:

solution

in one on one bargaining is informal

as we know informal market is a place where buyer and seller interact to trade good and service or resource but it is not monitor by any form of government

and some of the characteristic of informal market are

  1. One on one bargaining
  2. less structured market
  3. fewer rules etc

so here correct option is b. informal

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