Q1. What is a market?
Q2. Weekly markets are held on:
Q3. Why are goods cheaper in weekly markets?
Q4. Which type of market offers credit (buy now, pay later)?
Q5. In which type of market is bargaining NOT allowed?
Q6. The correct order of the chain of markets is:
Q7. Wholesale traders buy goods in:
Q8. Wholesale markets are usually located in:
Q9. Why do prices increase at each stage of the chain of markets?
Q10. Which of the following is NOT a physical market?
Q11. Neighbourhood shops charge higher prices because:
Q12. Markets do NOT provide equal opportunities because:
Q13. What is the main advantage of shopping malls?
Q14. A farmer sells vegetables to a wholesale trader. The wholesale trader is:
Q15. Which of the following is an example of buying and selling without a physical market?
Q16. Who is the last person in the chain of markets?
Q17. Why is bargaining sometimes considered unfair?
Q18. Which market type is most beneficial for daily household needs?
Q19. What type of goods are mainly sold in shopping complexes and malls?
Q20. The chain of markets is important because:
