Market Classification Quiz

The total demand for goods and services

A specific location for buying and selling goods

The outline of all buyers and sellers in a specific area (correct)

A place where goods are produced

Market where goods are produced locally

Market with international competition

Market with limited demand for goods

Competition between purchaser and seller is localised and limited at a specific market (correct)

Market with international buyers and sellers

Sale and purchase of articles is localized to a state only and not outside the state (correct)

Market where goods are only sold within a city

Market with limited sellers within a region

<p>A market where goods are bought and sold across different countries</p> Signup and view all the answers

<p>When the demand of the goods is in the nation as a whole</p> Signup and view all the answers