Question

In recent years how our markets have been transformed? Explainwith examples.

Answer 1

now there are more brands for the same product . costumers can choose from a great variety of goods. earlier there used to be only one single brand for the product giving less choice to costumers.

Answer 2

It has changed to societal form.
Markets r big and grand and have a lot of variety contained in it of a single product.
There is a competition between firms for small products also.
Skim the cream method is nowadays is not used mainly and if used then just used by bug firms.

Hope this helps.....