Market price

Multiple Choice

A place where the seller and buyer exchange goods and services

• Seller

• Market

Multiple Choice

Desire for a good or service

• Demand

• Supply

Multiple Choice

Amount of item available for sale

• Demand

• Supply

Multiple Choice

A person who sells goods and services in a market

• Seller

• Buyer

Multiple Choice

Quantity of particular good that is less than needed

• Surplus

• Shortage