How a chain of markets is formed?
A It is formed by producers and consumers
B It is formed by producers, traders and retailers
C It is formed by consumers, traders, markets and retailers
D It is formed by producers, traders, retailers and consumers
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A chain of markets is formed when a number of traders supply goods from the producers to the consumers. We thus have wholesale markets where other dealers buy the goods in bulk. These dealers then sell the goods in weekly markets to consumers and thus a chain of markets is formed.
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