Complete the sentence.
- ………… is the place where transaction of buying and selling of goods and services take place in exchange for money or money’s worth.
Ans:- Market is the place where transaction of buying and selling of goods and services take place in exchange for money or money’s worth. - ………….. refers to a market situation when there is a single buyer of a commodity or service.
Ans:- Monopoly refers to a market situation when there is a single buyer of a commodity or service.
- ………. is a slip which is found on the product and provides all the information regarding the product and its producer.
Ans:- Label is a slip which is found on the product and provides all the information regarding the product and its producer.