Question

When does integration of market take place?

Answer 1

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Market integration occurs when prices among different locations or related goods follow similar patterns over a long period of time. Groups of goods often move proportionally to each other and when this relation is very clear among different markets it is said that the markets are integrated.❤️

Answer 2

Integration of the Market is:

Market integration takes place in a simple manner whether the two markets indicates the same prices and the adjustment of price also takes place very quickly in between the two markets this is called Market integration.

• When the two markets are integrated the price will be stable and people will get food at more reliable prices.

• Market integration plays a crucial role in business it successfully promotes their brands among the target audience but also develops a good impression on their brands.