Question

How is chain of markets set up?

Answer 1

Answer:

When a large number of producers sell the products to the consumers, it is called a chain of market

Explanation:

• All the products are made in factories and consumers cannot buy them directly.
• These products are bought by a large number of traders at wholesale.
• These act as the bright between the producers and consumers.
• Final products are sold through these traders to the final consumers.

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Answer 2

Answer:

for example milk first farmers etc obtain milk from cows and then diary executive buy it then milk is bought by companies it is transported and treated then the packagings robot are bought by wholesale traders and then by retailers and it is sold to the consumer / customer . Achain of markets helps in in making products available to to a large number of areas and also helps in qualification.