Explain the chain of markets through which the product reaches the final buyer. Make a
flowchart to depict the process.
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Answer:
producer -> distributor -> wholesaler-> retailer -> final buyer
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Products go through a chain of markets to reach the final consumer which are as follows
Wholesale market - regional stockist market -neighbourhood market.
The products reach the wholesale market from the factory .They are processed as per demand and sorted and sent to the regional stockist market.
From the regional market, as per demand the products are sorted and reach the neighbourhood market where we buy the necessary things for our daily needs.
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