send mail to support@abhimanu.com mentioning your email id and mobileno registered with us! if details not recieved
Resend Opt after 60 Sec.
By Loging in you agree to Terms of Services and Privacy Policy
Claim your free MCQ
Please specify
Sorry for the inconvenience but we’re performing some maintenance at the moment. Website can be slow during this phase..
Please verify your mobile number
Login not allowed, Please logout from existing browser
Please update your name
Subscribe to Notifications
Stay updated with the latest Current affairs and other important updates regarding video Lectures, Test Schedules, live sessions etc..
Your Free user account at abhipedia has been created.
Remember, success is a journey, not a destination. Stay motivated and keep moving forward!
Refer & Earn
Enquire Now
My Abhipedia Earning
Kindly Login to view your earning
Support
Type your modal answer and submitt for approval
A market place in which a final good or service is bought and sold is called ______.
Commodity Market
Factor Market
Product Market
Equity Market
- Product Market (Option 3) is the marketplace where final goods or services are bought and sold. These are products ready for consumption or use.
- Correct Answer: Product Market
- Commodity Market (Option 1) deals with the trading of raw materials or primary products like oil, gold, and wheat. It does not refer to final goods.
- Factor Market (Option 2) pertains to the market where services of the factors of production (like labor, capital, and land) are bought and sold.
- Equity Market (Option 4) involves buying and selling shares of companies, hence dealing with ownership rather than finished goods or services.
Report error
Access to prime resources