The shopping district, most likely.
In New York City in the 19th Century the shopping district was called "The Ladies' Mile," which is more poetic.
A bazaar is a shop or store that sells miscellaneous items. It is a market area that sells a large variety of goods. It can also be a fair where goods are sold for charities.
Perfect competitionperfect competitionModel of the market based on the assumption that a large number of firms produce identical goods consumed by a large number of buyers. is a model of the market based on the assumption that a large number of firms produce identical goods consumed by a large number of buyers.
high cost.....
a supermarket or grocery store or emporium
The difference between a monopoly market and a perfectly competitive market is that in a perfectly competitive market there are many sellers and buyers, the traded goods are homogeneous goods or the same goods and sellers are not free to set prices. whereas, a monopoly market is a market that has only one seller, so buyers have no other choice and sellers have a large influence on price changes.
Chicago has a great farmers market with a large variety of gormet foods.
The market supply curve shows the amount of goods/services produced at any given price. There is a direct relationship between output and price. That is, if the price of goods and services is high, then sellers will produce a large number of goods and services. Conversely, if the price of goods/services is low, then output will also be low.
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the various market structures are represented by four basic market models: pure competition, pure monopoly, monopolistic competition,and oligopoly.pure competition-is a market situation where there is a large number of independent sellers offering identical product.PURE MONOPOLY- refers to a market situation where there is only ine seller or producer supplying unique goods and services. A one buyer market situation is knon as monopsony.monopolistic competition- pertains to market situation where there is a relatively large number of small producers or suppliers selling similar but not identical products.OLIGOPOLY- is associated with a market situation where there are few firms offering standardized or differentiated goods and services.
what is a large group of people and thier goods
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Wholesalingwhole·sale (hlsl)n.The sale of goods in large quantities, as for resale by a retailer.adj.1. Of, relating to, or engaged in the sale of goods in large quantities for resale: a wholesale produce market; wholesale goods; wholesale prices.2. Made or accomplished extensively and indiscriminately; blanket: wholesale destruction.adv.1. In large bulk or quantity.2. Extensively; indiscriminately.v. whole·saled, whole·sal·ing, whole·salesv.tr.To sell in large quantities for resale.v.intr.1. To engage in wholesale selling.2. To be sold wholesale.