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Q.

Which of these is a type of market?


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a

Hawker’s stall

b

Weekly Markets

c

Malls

d

All of these 

answer is D.

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Detailed Solution

Hawker’s stall, Weekly Markets and Malls are different market types.
Markets are entwined with our day-to-day lives. With changing consumer cultures, markets have evolved to meet the needs of their people. Hawker stalls are located in the open air and sell food items at an affordable price. A weekly market refers to a market set up on a particular day of the week every week. The majority of everyday items are sold in these markets. Families run these shops. They don’t incur rent or related expenditures. Hence, the goods sold at weekly markets are fairly cheaper. Since many shops sell the same thing, the consumer will likely get things at a meagre price. Shopping malls are multi-story, air-conditioned buildings with shops on each floor. They sell branded and non-branded goods. They are located in urban areas.
 
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