Markets and Their Visibility

Q.

What is the function of the retailer?

Q.

Explain how a chain of markets is formed. What purpose does it serve?

Q. The people in between the producers and final consumers are the ________________.

1. Government officials
2. Traders
3. Agents
4. Shop keeper

Q. A trader who finally sells a product to a customer is known as ________.

1. wholesale trader
2. retailer
3. discount trader
4. supply trader

Q. The traders who buy huge quantity of goods from the producers are known as __________________ traders

1. wholesale
2. retail
3. discount
4. supply

Q. ________ are transactions that takes place between two different businesses or factories.

1. B2B
2. A2B
3. A2A
4. B2A

Q. There is a chain of ____________ through which a product moves before they are finally bought by a customer for use.

1. traders
2. retailers
3. markets
4. suppliers

Q. Whenever a complex product is made, several different buyers and sellers get involved in the production before the final product reaches the consumer. The statement is _________.

1. correct
2. incorrect
3. inaccurate
4. complicated

Q. How do traders remove hindrance of persons?

Q. ____ is a factory where seeds are removed from cotton bolls and spun into thread.

1. Powerloom factory
2. Cloth mill
3. Handloom factory
4. Ginning mill