Question

T/F/U. Dating /love /Marriage is a special kind of market. If true, in your answer describe...

T/F/U. Dating /love /Marriage is a special kind of market. If true, in your answer describe what this market looks like and explain the implications of an income inc rease for males as well as an income increase for females. If your answer is fa lse, explain why dating/l ove/marriage is not predictable by economic science

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Answer #1

The answer is false.

Firstly Market is a place where Buyers and Seller meet and a transaction takes place i.e ther is a exchange of money for a good and service. Now Love/Dating/Marriage is not a market place. Neither Love is not a transction it happens.

If we go by the normal course of life First two individual date and then they like each other i.e falls in love and finally decides to tie the knot i.e get married But in the whole of this process there is no exchange of money takes place neither any good or service. Futher one cannot quantify love thus it cannot be monetised so is for marriage.

Thus it is not a market place and hence the answer is false

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