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प्रश्न
Explain types of the market on the basis of the area covered.
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उत्तर
- Local Market: The market for the commodities which are sold within local geographical limits of a region is known as a local market.
- National Market: The market for the commodities which are sold within the country is known as the national market.
- International Market: The market for the commodities which are produced in one country and sold in other countries is known as the international market.
संबंधित प्रश्न
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.
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 '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.
Justify the following statement.
The market can be classified on the basis of competition.
Give classification of the market in detail on the basis of ‘Volume of Transaction’.
Explain different types of markets in detail.
______ market is for commodities that are produced in one country and sold in another country.
Explain the following term/concept in detail.
Monopsony
Monopoly refers to a market situation when there is a single buyer of a commodity or service.
Explain the following term/concept in detail.
Imperfect Market
Unregulated market operates according to forces of demand and supply.
Market can be classified on the basis of importance and area covered.
Explain the following term/concept in detail:
Monopoly
Explain the following term/concept in detail:
Duopoly
