answersLogoWhite

0

How are markets classified?

Updated: 9/15/2023
User Avatar

Wiki User

14y ago

Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: How are markets classified?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Economics

How do you define market and explain how markets are classified?

Market in Economics is the result of contanct between the buyers and sellers, as a result of which one product of a given quantity and trade mark is brought and sold at one place. Types of markets 1.on the basis of place or area , market is classified into three types: i)local market, ii) national market and iii)international market. 2.on the the basis of time market is classified into four types: i)market period, ii)short period, iii)long period and iv)secular market. 3.on the basis of degree of competition market is classified into three types: i) Perfect competition ii) Imperfect competition and iii) Monopoly


What group based upon economic interests would teachers be classified in?

im not really sure i think is proffesional because they are supposed to be proffesional and i dont think it can be business i think that more for markets.


Can private markets provide public goods?

Private markets can provide public goods when it becomes commercially beneficial for them to do so. Look at defence for an example. This area of government responsibility is increasingly being undertaken by the private sector. The requirements of something being classified as being a public good does not include it being a loss-making enterprise.


Primary markets can not function well without secondary markets?

Primary markets can not function well without secondary markets


2 Compare and contrast competition in traditional markets with that in digital markets?

Compare and contrast competition in traditional markets with that in digital markets?

Related questions

Where can you sell old used audio equipment?

Ebay, craigslist, classified ads, flea markets


What are some types of classified advertising featured on Adpost?

Adpost classified ads are currently featuring ads for vehicles, employment and personals. Also is a section for real estate in the markets of homes and offices.


Where is the best place to find a good used bike?

Bicycle stores, pawn shops, flea markets, classified ads.


What kinds of hotels are there?

Hotels are classified according to the hotel size, location, target markets, levels of service , facilities , number of rooms , ownership and affiliation etc.


What is capital marcket?

It is defined as a market in which money is provided for periods longer than a year. The capital market includes the stock market (equity securities) and the bond market (debt). Capital markets may be classified as primary markets and secondary markets. In primary markets, new stock or bond issues are sold to investors via a mechanism known as underwriting. In the secondary markets, existing securities are sold and bought among investors or traders, usually on a securities exchange, over-the-counter, or elsewhere.


What were the responsibilities of a Roman Aedile?

The responsibilities of aediles could be classified as public works. They were responsible for maintaining the city's infrastructure and they over saw the markets especially in the weights and measures.


What are factor markets and product markets?

Factor markets are markets for inputs into the workforce, such as labor markets, land markets, and capital markets. They represent items that are factors in the growth of business. Product markets are the the outputs produced by markets such as goods and services.


What are the different types markets on the basis of time?

local markets,,regional markets,,national markets,international markets,


How do you define market and explain how markets are classified?

Market in Economics is the result of contanct between the buyers and sellers, as a result of which one product of a given quantity and trade mark is brought and sold at one place. Types of markets 1.on the basis of place or area , market is classified into three types: i)local market, ii) national market and iii)international market. 2.on the the basis of time market is classified into four types: i)market period, ii)short period, iii)long period and iv)secular market. 3.on the basis of degree of competition market is classified into three types: i) Perfect competition ii) Imperfect competition and iii) Monopoly


What group based upon economic interests would teachers be classified in?

im not really sure i think is proffesional because they are supposed to be proffesional and i dont think it can be business i think that more for markets.


Can private markets provide public goods?

Private markets can provide public goods when it becomes commercially beneficial for them to do so. Look at defence for an example. This area of government responsibility is increasingly being undertaken by the private sector. The requirements of something being classified as being a public good does not include it being a loss-making enterprise.


Primary markets can not function well without secondary markets?

Primary markets can not function well without secondary markets