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प्रश्न
Explain the following term/concept.
Commodity Concept of Market
उत्तर
In the commodity concept of the market, the emphasis is given on 'buying and selling of goods or services'. In this concept, the process of buying and selling of goods or services is important and not the place of exchange. In this process, buyer and seller as well as the commodity exchanged among them play an important role.
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