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प्रश्न
How the market can be classified?
उत्तर
On the basis of different approaches markets can be classified as follows:
1. On the basis of Geographical Area:
- Family Market
- Local Market
- National Market
- International Market or World Market
2. On the Basis of Commodities / Goods:
(a) Commodity Market
- Produce Exchange Market
- Manufactured G
- Bullion Market
(b) Capital Market:
- Money Market
- Foreign Exchange Market
- The Stock Market
3. On the Basis of Economics:
- Perfect Market
- Imperfect Market
4. On the basis of transaction:
- Spot Market
- Future market
5. On the Basis of Regulation:
- Regulated Market
- Unregulated Market
6. On the Basis of Time:
- Very Short Period Market
- Short Period Market
- Long Period Market
7. On the Basis of Volume of Business:
- Wholesale Market
- Retail Market
8. On the Basis of Importance:
- Primary Market
- Secondary Market
- Terminal Market
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संबंधित प्रश्न
Choose the correct option:
Classification of markets on the basis of place
a) Local market, National market, International market
b) Very short period market, Local market, National market.
c) Short period market, National market, International market.
d) Local market, National market, Short period market.
Choose the correct option:
Under Perfect competition, sellers are
a) Price makers
b) Price takers
c) Price discriminators
d) None of these
Type of market showing some but not all the features of a competitive market –
The interaction of demand and supply to determine price of a commodity in perfect competition is ______.
Product differentiation is the main feature of ______.
Distinguish Between
Short period and Long period
Explain any four features of monopolistic competition
State with reason whether you agree or disagree with the following statement:
Selling cost is the only feature of monopolistic competition.
Explain the types of the market on the basis of time.
Homogeneous product is a feature of this market.
- Monopoly
- Monopolistic competition
- Perfect competition
- Oligopoly
