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Question

Consumer's market is a type of __________ market.

A
buyer's
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B
sellers
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C
distributor's
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D
none of the above
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Solution

The correct option is A buyer's
Consumer's market is a type of buyer' market as in this market people buys goods mainly for the consumption purpose. Consumer refers to a person who consumes goods with his given income and prices of the goods and buyer is a person who buys the goods.

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