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Meaning of Demand, Supply and Market

is a specific...

Question

________ is a specific place where buyers and sellers meet to buy and sell goods.

A

Market

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B

Cart

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C

Exchange

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D

Ledger

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Solution

The correct option is A Market

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Similar questions

Q.
The place where sellers and buyers meet to sell and buy the goods is generally called __________.

Q. A place where buyers and sellers meet to exchange their goods and services is called a.

Q. In economics the place or context in which buyers and sellers buy and sell goods and services is known as _______.

Q. ____________ are places where a lot of sellers and buyers come together.

Q. Write a word phrase or a term which can substitute each one of the following statements.
1. A place where buyers and sellers come together for buying and selling.
2. A commodity is anything that can be offered to market to satisfy a want or need.
3. When middlemen acts as a link between producer and seller, a chain formed is called
4. A combination of product, price, place and promotion in order to promote sales and satisfy needs of customers.
5. Business functions which directs flow of goods from producer to consumer.

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Meaning of Demand, Supply and Market

Standard IX Economics

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