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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.
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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.
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संबंधित प्रश्न
Perishable goods such as vegetables, fruits, milk products, etc. are sold in Market ______.
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.
The market is where goods are sold to the ultimate consumers or the users of the product.
Write a word/term/phrase for the following sentence.
Two sellers, selling either a homogeneous product or a differentiated product.
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.
Answer in one sentence.
What do you mean by 'Regulated Market'?
Correct the underlined word and rewrite the following sentence.
In a duopoly, there is a single seller.
Arrange in proper order:
Local market, International market, National market.
Explain types of the market on the basis of the area covered.
Explain types of the market on the basis of time.
Give classification of the market on the basis of ‘time’.
Explain different types of markets in detail.
Explain the following term/concept in detail.
Monopsony
Unregulated market operates according to forces of demand and supply.
Explain the following term/concept in detail:
Monopoly
