Social Sciences, asked by vaishusounkaria, 3 days ago

describe a typical market scene in the city​

Answers

Answered by sarahssynergy
2

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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