हिंदी

Which of the following is an essential condition for the existence of a market?

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प्रश्न

Which of the following is an essential condition for the existence of a market?

विकल्प

  • Presence of government offices

  • Presence of buyers and sellers willing to trade

  • Presence of banks only

  • Presence of warehouses only

MCQ
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उत्तर

Presence of buyers and sellers willing to trade

Explanation: 

A market can exist only when there are people ready to buy and people ready to sell a commodity or service.

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