Commerce is defined as the study of how
- man utilizes the resources in his physical environment
- man produces, distributes and consumes his goods and services
-
man buys, sells and distributes goods and services
- raw materials are changed into finished goods
The correct answer is: C
Explanation
Generally, commerce refers to the exchange of goods, services or something of value, between businesses or entities. It is the activity of buying and selling, especially on a large scale.