QUESTION 4 Which of the following is a market transaction We

QUESTION 4 Which of the following is a market transaction? Weather destroys a farmer\'s crops, leaving the farmer unable to buy groceries O A radio station changes its programming from classical to rock O A stock increases in value over the 30 years that it is owned O A college student purchases a laptop computer

Solution

The market transaction involves the process of exchange of goods and services. The exchange of goods and services can be done by with or without a price. So given the options,\'a college students purchases the laptop computer\' can be considered as a market transaction. This action involves the transaction of good from the seller to the purchaser.

Ans. A college student purchases a laptop computer.