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From an economist's point of view, market exchange is defined by:

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From an economist's point of view, market exchange is defined by:

From an economist's point of view, market exchange is defined by:

a. the purchase of goods in a marketplace.
b. the buying and selling of goods and services whose value is determined by supply and demand.
c. the role of middlemen who bring buyers and sellers together.
d. face-to-face bargaining for goods and/or services.
e. the role of large multinational corporations, using a formal stock exchange.

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