What do you mean by the term 'market process'?
a. It refers to the way that scarce goods and services are allocated through individual actions and self-interest of buyers and sellers.
b. It refers to the way that scarce resources are allocated by a government to firms that value them the most

c. It refers to the way in which markets adjust to changes in demand and supply.
d. It refers to a system in which goods and services are exchanged through transactions by private households and firms.
e. It refers to a way in which final goods and services are distributed to potential consumers.

a