Business, 21.02.2020 20:47 angelolucero146

Determine which of the statements are examples of market transactions and which are not. Identify statements describing market transactions as "market"; otherwise label the statement "not market."
1. Frank takes care of his elderly aunt while she recovers from knee replacement surgery.
2. Jack and Diane buy tickets to the sold out Pirates game from a ticket scalper.
3. Jess gets a soda from the vending machine on her afternoon break.
4. The citizens of Marble Cliff, Vermont, get financial relief from the government after a flood destroyed all of their homes.
5. Suzanne gets a used textbook on eBay for much less than its list price at her university's bookstore.
6. Norm paints the fence in his front yard on his day off work.
7. Mitchell buys 50 shares of General Motors stock at the going price per share.

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Determine which of the statements are examples of market transactions and which are not. Identify st...

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