On the basis of demand and supply , market can be classified in to :

Related MCQs

• When a product has long life cycle , it has mass market, entry of rivals in to market is easy and demand is elastic. Which pricing policy can be adopted?
• On the basis of nature of competition markets can be classified in to :
• How can you classify the market On the basis of area?
• Which Motive that influence where a person purchase product on a regular basis?
• Who is called The dominant member of a marketing channel or supply chain ?
• Which of the following is not included in the physical supply?
• Companies adding lower prices products to a product line to add sales to the line and attract a broader market. What kind of product mix modification is this?
• All companies charge the same price and smaller players follow the price set by the market players. Which is this method?
• In which type of market There is no distinction between firm and industry ?
• Which type of market have the features of homogeneity, uniform selling price , free entry and exit of firms etc ?