Question

1 give example of a catchy advertisement to attract consumer.

2 Name the first sea port developed after independence on western coast ?

3. How is money beneficial in transaction?

4. Give any 3 examples of different types of exploitation in the market.

Answer 1

Ans1.   discounts(concessions).
Ans2.   kandla(gujrat).
Ans3.   acts as a medium of exchange, removing the need of double                              coincidence of wants fro transactions.
Ans4.   1) overcharging
            2) underweighing
            3) no gaurantee of products