Question

Write five sentence about market

Answer 1

Answer:

In economics, Market is a place where buyers and

sellers are exchanging Goods and Services.

Explanation:

In economics, market is a place where buyers and

sellers are exchanging goods and services with the

following considerations such as:

• Types of goods and services being traded.

• The number and size of buyers and sellers in the market.

• The degree to which information can flow freely.

Types of Market:

Perfect Market is a market situation which consists of a very large number of buyers and sellers offering a homogeneous product.

Imperfect Market

In economic theory, imperfect competition is a

type of market structure showing some but not

all features of competitive markets.

Forms of imperfect competition include:

1.  Monopoly

2. Oligopoly

3.  Monopolistic competition  

To know more about the types of Market you may visit the below links.

https://brainly.in/textbook-solutions/q-market-4?source=quick-results#q-market-3

https://brainly.in/textbook-solutions/q-1-define-monopolistic-market?source=quick-results

Answer 2

Explanation:

• Markets are places where there is an availability of a variety of items that range from fruits and vegetables to electronics and other useful day to day necessities. People from near and afar come to market places to buy their necessities.
• Market places are the best places for sellers who are in need of selling their products. Selling at the marketplace makes a good amount of profit as there are numerous people present at one place and a place of attraction for someone might gather in more and more people to come and buy the products.
• In marketplaces, the sellers sometimes make jingles to make people buy their products. Thus, a market can be a very creative place where one can hear calls from buyers to attract customers to buy their products.
• Weekends are the most busiest days of the market place as weekends are for holidays at work, and the working people get free on weekends to buy their required stuff from the market.
• A market may be busy or not crowded, but there is a variety of people that can be seen there.

Learn more here

https://brainly.in/textbook-solutions/q-write-letter-pankaj-groceries-rajguru-market-hisar

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https://brainly.in/textbook-solutions/q-anuj-opens-grocery-store-advertise-shop-local