Describe various types of markets.
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Physical Markets - Physical market is a set up where buyers can physically meet the sellers and purchase the desired merchandise from them in exchange of money. Market for Intermediate Goods - Such markets sell raw materials (goods) required for the final production of other goods
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Physical Markets - Physical market is a set up where buyers can physically meet the sellers and purchase the desired merchandise from them in exchange of money. Market for Intermediate Goods - Such markets sell raw materials (goods) required for the final production of other goods
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