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Q.

A venue where goods and services are exchanged for cash is referred to as a __________.


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a

Mall

b

Market

c

Shops

d

Hospital 

answer is B.

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Detailed Solution

A venue where goods and services are exchanged for cash is referred to as a Market.
 The trading of commodities and services is meant to happen at the market. It demonstrates how the value of a person, whether a vendor or a buyer, depends on his financial stability. Here, inequality and exploitation are evident. A market is a location where products and services are exchanged for cash. As a result, markets are designed to satisfy demands that are supported by the ability to buy.
   
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