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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
The retail market is the market where the retailer sells goods directly to the ______ in small quantities.
Write a word/term/phrase for the following sentence.
Type of market where durable commodities that are generally non-perishable in nature are sold.
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.
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.
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.
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 on the basis of ‘time’.
______ market is for commodities that are produced in one country and sold in another country.
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.
Market can be classified on the basis of importance and area covered.
Explain the following term/concept in detail:
Monopoly
