Answer :
Final answer:
Option c. In this scenario, Mike is the buyer, Starbucks is the seller, and they are both in the market for goods and services. Thus, the correct answer is 'c) buyer...seller... goods and services'.
Explanation:
In the given scenario, Mike fits the role of the buyer because he is the one who purchases the product, in this case, the latte. Starbucks, on the other hand, is the seller as they are the entity providing the latte that Mike is purchasing. Rounding it off, Mike and Starbucks are both participants in the market for goods and services, as a latte is a good provided by Starbucks, a service provider.
So the correct answer would be 'c) buyer...seller... goods and services'.
Learn more about Market Participants here:
https://brainly.com/question/34491620
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