MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Preparing CFS-Direct Method

refers to a m...

Question

________ refers to a market where goods and services are brought and sold.

A

Goods market

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

B

Factor market

No worries! We‘ve got your back. Try BYJU‘S free classes today!

C

Normal market

No worries! We‘ve got your back. Try BYJU‘S free classes today!

D

Shopping mall

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is C Goods market
In economics, goods market refers to a market where the buying and selling of goods can be done.

Suggest Corrections

thumbs-up

1

Similar questions

Q. _______ refers to market where services of factors of production are brought and sold.

Q. Compare and contrast a weekly market and a shopping complex on the following :

Market	Kinds of goods sold	Prices of goods	Seller	Buyer
Weekly market
Shopping complex

Q. Goods markets are those markets where ___________ are brought and sold.

Q. ___________ markets are those markets where factor services are bought and sold.

Q. A setup where two or more parties are engaged in the exchange of goods, services, and information is called a market.

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Introduction to Cash Flow Statement

ACCOUNTANCY

Watch in App

explore_more_icon

Explore more

Preparing CFS-Direct Method

Standard XII Accountancy

Join BYJU'S Learning Program

CrossIcon