What do you understand by market?

In common usage the word market designates a place where certain things are bought and sold. But when we talk about the word market in economics, we extend our concept of market well beyond the idea of a single place to which the householder goes to buy something. For our present purpose, we define a […]

Market

WHAT IS MARKET ?   In common usage the word market designates a place where certain things are bought and sold. But when we talk about the word market in economics, we extend our concept of market well beyond the idea of a single place to which the householder goes to buy something. For our present […]