Which of the following is a market activity?

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Teacher teaching in a school

A vendor selling vegetables

A lady working in a bank

All of the above

answer is D.

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Detailed Solution

All of the above is some sort of market activity.
Economic activities that entail compensation are called market activities. Or, to put it another way, those pursuits for which the employees are paid. The vendor receives payment for the vegetables he sells, as does the teacher who works in the classroom and the woman who works at the bank. However, it is not a commercial activity when a mother instructs her son at home. Non-market activities are those carried out for one's use, whereas market activities aim to make a profit. All forms of product and service production, as well as government functions, are considered market activities.

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