In an organized market, an intermediary between a buyer and a seller is called:

Related MCQs

• An arrangement between a seller and buyer under which a period of credit is allowed before payment is called:
• The prices that are set by government rather than by negotiation between a seller and a buyer are known as
• The action taken by a buyer or seller to product his business or assets against a change in prices is called
• seller or buyer protects his business or holdings from changing prices and takes action against it. It is known as -
• A percentage of the value of a transaction taken by an intermediary as payment for his services is called:
• The system of agricultural support by which market prices are fixed at above free market levels and government buys surpluses, thus supporting prices and raising farmer’s income is called:
• The economic situation in which only a single seller or producer supplies a commodity or a service is called:
• When there is one buyer and many sellers then that situation is called -
• The market for long term loanable funds as different from the market that deals in short term loans is called:
• Inwhich market structure is the demand curve of the market represented by the demand curve of the firm?