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प्रश्न
Give classification of the market in detail on the basis of ‘Volume of Transaction’.
Explain the classification of market on the basis of volume of transaction.
Explain the types of market on the basis of volume of transaction.
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उत्तर
- Wholesale Market: In the wholesale market, the activity of buying and selling goods is undertaken in large quantities at lower prices. Goods are sold to retailers who then sell them to the consumers. It refers to the market for the bulk purchase and sale of goods. In such a market, sellers are known as wholesalers and buyers are known as retailers.
- Retail Market: This is the location where retailers sell small amounts of goods directly to customers.
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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.
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 on the basis of ‘time’.
Explain different types of markets in detail.
______ 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 volume.
Unregulated market operates according to forces of demand and supply.
Explain the following term/concept in detail:
Duopoly
