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Question
Rewrite the following sentences by using proper substitute given in the bracket:
The nature of the market of barter system is ________.
Options
1.wide
2.limited
3.personal
4.social
MCQ
Solution
The nature of the market of barter system is limited.
Explanation:
The market of barter system was limited in nature as there were many difficulties faced by this system such as lack of double coincidence of wants, lack of common measure of value, difficulty in storage and difficulty in divisibility.
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Analysis of Market Structure
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