Perishable goods such as vegetables, fruits, milk products, etc. are sold in _____ market.
Q.1 (A) (iv) Perishable goods such as vegetables, fruits, milk products, etc. are sold in _____ market.
A. very short period
B. short period
C. long period
Q.1 (A) (iv) Perishable goods such as vegetables, fruits, milk products, etc. are sold in _____ market.
A. very short period
B. short period
C. long period
Best answer
Answer: A. very short period
Answer: (a) very short period
A very short period market exists for goods that cannot be stored for long. Supply cannot be increased quickly, so price depends mainly on demand.
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