Advertisements
Advertisements
Question
Write a word/term/phrase for the following sentence.
Type of market where durable commodities that are generally non-perishable in nature are sold.
Advertisements
Solution
Long-period market
APPEARS IN
RELATED QUESTIONS
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.
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.
Regulated Market operates according to forces of demand and supply.
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'?
Arrange in proper order:
Local market, International market, National market.
Explain types of the market on the basis of the area covered.
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.
Explain the following term/concept in detail.
Oligopoly
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
