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Business Studies

Features of Retail Trade

Which among t...

Question

Which among them is the feature of chain market?

A

What is produced in one place reaches the people everywhere

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B

Only brand products are encouraged

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C

Chain markets are only in urban areas

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D

None of them

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Solution

The correct option is A What is produced in one place reaches the people everywhere
Advantages of chain market are as follows:-
1. Things produced in one place reach people everywhere.
2. It creates employment opportunity.
3. It encourages people to produce more goods and services.

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