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प्रश्न
Explain types of the market on the basis of the area covered.
उत्तर
Types of the market on the basis of the area covered are as follows:
- local Market: The market for the commodities which are sold within local geographical limits of a region is known as a local market.
- National Market: The market for the commodities which are sold within the country is known as the national market.
- International Market: The market for the commodities which are produced in one country and sold in other countries is known as the international market.
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संबंधित प्रश्न
Perishable goods such as vegetables, fruits, milk products, etc. are sold in Market ______.
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.
Type of market where durable commodities that are generally non-perishable in nature are sold.
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.
______ 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 'Regulated Market'?
Correct the underlined word and rewrite the following sentence.
Commodity Market refers to the market for borrowing and lending long term capital required by the business.
Give classification of the market in detail on the basis of 'Volume of Transaction'
Give classification of the market on the basis of 'Time'
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 volume.
Monopoly refers to a market situation when there is a single buyer of a commodity or service.
Unregulated market operates according to forces of demand and supply.
Explain the following term/concept in detail:
Monopoly
Explain the following term/concept in detail:
Duopoly
