describe a typical market scene in the city
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A typical market scene involves producers, wholesalers, retailers, customers, and middlemen.
Explanation:
- A market is a place where the sale and purchase of goods and services take place in an economy.
- It is a place where the producers sell their goods with the help of middlemen to the final consumers to meet their needs.
- The produced goods are first sold to the wholesalers in large lots with the help of middlemen.
- The wholesalers sell the goods in small lots to retailers who are in direct contact with the customers and sell the required amount to the customers on a regular basis.
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