Edzy for Classes 6-12

Edzy is a personal AI tutor for CBSE and State Board students, with curriculum-aligned guidance, practice, revision, and study plans that adapt to each learner.

Email: always@edzy.ai
Phone: +91 96256 68472
WhatsApp: +91 96256 68472
Address: Sector 63, Gurgaon, Haryana

Follow Edzy

Browse by Class

CBSE Class 6
CBSE Class 7
CBSE Class 8
CBSE Class 9
CBSE Class 10
CBSE Class 11
CBSE Class 12

Explore the CBSE resource hub

Explore Edzy

Study Resources
Free Study Tools
Best Apps for Board Exams
Edzy vs ChatGPT
About Us
Why We Built Edzy
Blog
CBSE AI Tutor

Support & Legal

Help & FAQs
Accessibility
Privacy Policy
Terms & Conditions
Refund Policy
Cookie Policy
Site Directory

© 2026 Edzy. All rights reserved.

Curriculum-aligned learning paths for students in Classes 6-12.

UM

Question Practice

How do buyers and sellers agree on the price of goods?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA

Exploring Society India and Be...

Understanding Markets

How do buyers and sellers agre...

Single Answer MCQ

Q-00130524

How do buyers and sellers agree on the price of goods?

1

By setting fixed prices

2

Through negotiation and bargaining

3

Based on government regulations

4

According to the popularity of the items

Previous Question Next Question

Keep Practising

Students who asked this also explored

Continue with nearby questions to strengthen the same chapter concept while you still have the context fresh in mind.

Q1.

What term is used to refer to a place where buying and selling occurs?

Single Answer MCQ

View explanation

Q2.

Which of the following best describes a domestic market?

Single Answer MCQ

View explanation

Q3.

What do buyers and sellers negotiate to complete a transaction in a market?

Single Answer MCQ

View explanation

Q4.

What is a characteristic feature of modern online markets?

Single Answer MCQ

View explanation