Geography, asked by poojaparida40, 6 months ago

Market is the sum total of all the potential
and actual buyers of a product Define
with felbol example​

Answers

Answered by gul489
0

Answer:

A market is defined as the sum total of all the buyers and sellers in the area or region under consideration. The area may be the earth, or countries, regions, states, or cities. The value, cost and price of items traded are as per forces of supply and demand in a market.

Explanation:

Market is defined as a regular gathering of people for purchase and sales of livestock, provisions, and other commodities. The market for an organisation would be defined as a place where he can find the target audience and potential buyers for the product the company would offer to satisfy the needs of those potential buyers.

I hope this helps u

Similar questions