Select the correct option and rewrite the completed sentence.
1) The term market is derived from the ____________ word ‘Mercatus’
Ans:- b) Latin
2) In the ____________ concept of market, the emphasis is given on ‘buying and selling of goods or services’.
Ans:- b) Exchange
3) Perishable goods such as vegetables, fruits, milk products, etc. are sold in Marketat.
a) Very Short Period
b) Short Period
c) Long Period
Ans:-a) Very Short Period
4) The retail market is the market where the retailer sells goods directly to the____________in small quantities.