Advertisements
Advertisements
प्रश्न
Explain types of the market on the basis of time.
उत्तर
Types of the market on the basis of time are as follows:
- Very Short Period Market: This type of market has a very short time existence viz., for a few hours or for a day at a particular time and place. In this type of market perishable goods such as vegetables, fruits, milk products, etc. are sold.
- Short Period Market: This type of market has existed for a short period viz. weekly markets, festival market, market during fairs, etc. Perishable or semi-durable goods are sold in this market.
- Long Period Market: This type of market has existed for long period. In this type of market durable commodities that are generally non-perishable in nature are sold.
APPEARS IN
संबंधित प्रश्न
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.
Write a word/term/phrase for the following sentence.
Two sellers, selling either a homogeneous product or a differentiated product.
Find the odd one.
Answer in one sentence.
What do you mean by 'Regulated Market'?
Correct the underlined word and rewrite the following sentence.
In a duopoly, there is a single seller.
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 time.
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.
Explain the following term/concept in detail.
Imperfect Market
Unregulated market operates according to forces of demand and supply.
Explain the following term/concept in detail:
Duopoly
