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प्रश्न
Define a market.
उत्तर १
In economics the term market is used in a somewhat wider sense. It refers to the market for a commodity containing the buyers and sellers of this commodity. The buyers and sellers of the commodity are in competition with one another. They may be spread over a particular place or in a particular region or over the whole country. We have one market for every product or service.
उत्तर २
"A market is the set of all actual and potential buyers of a product." — Phillip Kotler
"Market includes both place and region in which buyers and sellers are in free competition with one another." — Pyle
“A market means a body of persons who are in intimate business relations and carry on extensive transactions in any commodity.” — Jevons
“A market is a centre in which forces leading to exchanges of title to a particular product operate and towards which and from which the actual goods tend to travel.” — Clark and Clark
संबंधित प्रश्न
The firm under perfect competition is a ______.
The products which are identical in design, shape quality, size, colour, packing, etc. are ______.
The demand for rice by all the people in your area will be called as ______ demand.
Explain any five ways of exploitation of consumers in a market.
Define the term oligopoly market.
Mention any three features of an oligopoly market.
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______ is an interaction where as ______ is a process.
______ is not a concept of market.
What is a market?
Define the term market.
What is meant by 'market' in economics?
Discuss the characteristics of a market.
