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प्रश्न
Answer in one sentence.
What do you mean by 'Local Market'?
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उत्तर
The market for the commodities which are sold within local geographical limits of a region is known as a local market.
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संबंधित प्रश्न
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.
Find the odd one.
______ refers to a market situation when there is a single buyer of a commodity or service.
Correct the underlined word and rewrite the following sentence.
Commodity Market refers to the market for borrowing and lending long term capital required by the business.
Arrange in proper order:
Local market, International market, National market.
Give classification of the market in detail on the basis of ‘Volume of Transaction’.
Explain different types of markets in detail.
Explain the following term/concept in detail.
Monopsony
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:
Duopoly
