मराठी

The earlier form of market was a seller's market based on which principle?

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प्रश्न

The earlier form of market was a seller's market based on which principle?

पर्याय

  • Caveat venditor

  • Free competition

  • Caveat emptor

  • Consumer sovereignty

MCQ
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उत्तर

Earlier markets were seller's markets governed by caveat emptor – "Let the buyer beware." Buyers had to be careful themselves, unlike in today's consumer-oriented market.

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