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प्रश्न
Answer in one sentence.
What do you mean by 'Local Market'?
उत्तर
The market for the commodities which are sold within local geographical limits of a region is known as a local market.
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संबंधित प्रश्न
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.
Write a word/term/phrase for the following sentence.
Two sellers, selling either a homogeneous product or a differentiated product.
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.
Find the odd one.
______ refers to a market situation when there is a single buyer of a commodity or service.
Explain types of the market on the basis of the area covered.
Explain types of the market on the basis of time.
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.
Explain the following term/concept in detail.
Oligopoly
Explain the following term/concept in detail.
Monopsony
Justify the following statement.
The market can be classified on the basis of time.
Monopoly refers to a market situation when there is a single buyer of a commodity or service.
Explain the following term/concept in detail.
Imperfect Market
Explain the following term/concept in detail:
Monopoly
Explain the following term/concept in detail:
Duopoly
