| Book Edition | 7th Edition |
| Author(s) | Sexton |
| ISBN | 9781285859439 |
| Publisher | Cengage Learning |
| Subject | Economics |
Do markets have to be physical places?
Markets can be physical or virtual.Due to technological advancements and globalization of markets,a buyer and seller do not have to physically interact for a transaction to take place.We even have stores that strictly operate online and the ability to make safe and secure payments has really made it easy for the virtual markets to thrive.
No.Markets can be physical or virtual like in an online market where there is no direct physical contact between the buyers and sellers.
