Describe the factors which affect the extension of market
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The extent of the market is greatly influenced by the nature of the demand of the commodity. The commodities like silver, gold etc. having permanent demand would have a larger size of the market. On the contrary, if the demand is limited to a particular area then it would have the small size of the market.
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The extent of the market is greatly influenced by the nature of the demand of the commodity. The commodities like silver, gold etc. having permanent demand would have a larger size of the market. On the contrary, if the demand is limited to a particular area then it would have the small size of the market.
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