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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
Perishable goods such as vegetables, fruits, milk products, etc. are sold in Market ______.
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.
Find the odd one.
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'?
Correct the underlined word and rewrite the following sentence.
In a duopoly, there is a single seller.
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 in detail on the basis of ‘Volume of Transaction’.
Give classification of the market on the basis of ‘time’.
Explain the following term/concept in detail.
Monopsony
Justify the following statement.
The market can be classified on the basis of volume.
Explain the following term/concept in detail.
Imperfect Market
