Respuesta :

The allocation of resources in a market economy is described by Buyers and sellers exchanging goods and services on a voluntary basis. Prices and costs help producers decide whether they are producing too little or too much of a good.

A market is an area where shoppers and dealers can meet to facilitate the trade or transaction of services and products. Markets can be physical like a retail outlets, or virtual like an e-store. unique examples encompass unlawful markets, public sale markets, and economic markets.

Monetary market structures can be grouped into 4 categories: high-quality opposition, monopolistic opposition, oligopoly, and monopoly. The 5 principal marketplace device types are perfect opposition, Monopoly, Oligopoly, Monopolistic opposition, and Monopsony.

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