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Question
______ is the type of market on the basis of nature of goods.
Options
Wholesale market
Retail market
Money market
Consumers' market
Solution
Consumers' market is the type of market on the basis of nature of goods.
Explanation:
The consumer market categorizes markets based on the nature of goods sold. In a consumer market, goods are sold directly to the end consumers who purchase them for personal use. This type of market focuses on consumer goods like food, clothing, electronics, and other products intended for personal consumption.
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