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Question
Arrange in proper order
Local market, International market, National market.
Solution
Local market, National market, International market.
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RELATED QUESTIONS
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.
The market for the commodities which are produced in one country and sold in other countries is known as the national market.
Find the odd one.
______ 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 'Local Market'?
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.
Explain the following term/concept in detail.
Monopsony
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.
Market can be classified on the basis of importance and area covered.
Explain the following term/concept in detail:
Duopoly
