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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.
The market for the commodities which are produced in one country and sold in other countries is known as the national market.
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.
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.
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 time.
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 time.
Explain the following term/concept in detail.
Imperfect Market
Explain the following term/concept in detail:
Duopoly
