Define Market How many typer of Market Explain How a chiain of mareats is formmed. What purpause does it serve
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A chain of market is formed.
A chain of market serves the purpose of producer and consumers. Because neither a producer can sell a small quantity of goods to an individual consumer nor an individual consumer can buy large quantity of goods from producers.
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Thus, a chain of market is formed. (ii) A chain of market serves the purpose of producer and consumers. Because neither a producer can sell a small quantity of goods to an individual consumer nor an individual consumer can buy large quantity of goods from producers. So, wholesale traders, retailers, etc.
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