Question

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what do you mean by market ?

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Answer 1

→ Market :-

∆ Market, a means by which the exchange of goods and services takes place as a result of buyers and sellers being in contact with one another, either directly or through mediating agents or institutions.

→ Types of Market :-

• perfect competition
• imperfect competition
• oligopoly
• monopoly

Answer 2

Explanation:

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A market is a place where buyers and sellers can meet to facilitate the exchange or transaction of goods and services.