ICSE Class X Commercial Applications 2023 Solved Papers

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Question : 33
Total: 41
Write a short note on 'Position of buyers and sellers market'.
Solution:  
There are three type of markets primary market, secondary market and terminal market. Primary market is a market where primary producers sell their agricultural products to the wholesellers. Secondary market is a market where wholesellers sell their products to relailers. Terminal market is a market where retailers sell their product to the consumers.
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