Advertisements
Advertisements
प्रश्न
Give classification of the market in detail on the basis of ‘Volume of Transaction’.
Explain the classification of market on the basis of volume of transaction.
Explain the types of market on the basis of volume of transaction.
Advertisements
उत्तर
- Wholesale Market: In the wholesale market, the activity of buying and selling goods is undertaken in large quantities at lower prices. Goods are sold to retailers who then sell them to the consumers. It refers to the market for the bulk purchase and sale of goods. In such a market, sellers are known as wholesalers and buyers are known as retailers.
- Retail Market: This is the location where retailers sell small amounts of goods directly to customers.
APPEARS IN
संबंधित प्रश्न
The retail market is the market where the retailer sells goods directly to the ______ in small quantities.
Write a word/term/phrase for the following sentence.
Two sellers, selling either a homogeneous product or a differentiated product.
The market for the commodities which are produced in one country and sold in other countries is known as the national market.
In the wholesale market, sellers are known as retailers and buyers are known as wholesalers.
Regulated Market operates according to forces of demand and supply.
Find the odd one.
______ refers to a market situation when there is a single buyer of a commodity or service.
Answer in one sentence.
What do you mean by 'Local Market'?
Answer in one sentence.
What do you mean by 'Regulated Market'?
Explain types of the market on the basis of time.
Justify the following statement.
The market can be classified on the basis of competition.
Give classification of the market on the basis of ‘time’.
Justify the following statement.
The market can be classified on the basis of time.
Justify the following statement.
The market can be classified on the basis of volume.
Monopoly refers to a market situation when there is a single buyer of a commodity or service.
Explain the following term/concept in detail:
Monopoly
Explain the following term/concept in detail:
Duopoly
