24.Distinguish between Market and Non- Market Activities.
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Explanation:
1) Market activity involved those activities which are performed basically for the purpose of the sale in the market and that include profit
2)Non market activities are those activities primarily undertaken for the purpose of self consumption.
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Answer:
Marketing activities are those which are made to have financial gain in the form of earning profit /remuneration by selling the product produced by the activities of an economic agent.
Non-market activities are those activities which primarily aimed at self satisfaction or consumption.
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