Economy, asked by mistryr803, 4 months ago

Market cannot be classified rigidly. Explain this statement.​

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Answered by deepalsable44
1

Answer:

Broadly, a market is classified into product market where goods are transacted, and a factor market where inputs are bought and sold. A goods market exists for both durable and nondurable and perishable goods. A. According to the extent of area covered, a market is classified into local, national, and international.

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