Question

Explain any five factors affecting the extent of market.​

Answer 1

Answer:

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Explanation:

Some of the important factors under which the extent of market depends are as follows:

• Nature of Demand: ...
• Means of Transportation and Communication: ...
• Nature of the Commodity: ...
• Currency and Credit: ...
• State Policy: ...
• Degree of Division of Labour: ...
• Durability: ...
• Portability:

Answer 2

Question

• Explain any five factors affecting the extent of market.

Answer

• Nature of Demand
• Means of Transportation and Communication
• Nature of the Commodity
• Currency and Credit
• State Policy