1.

Write three difference between market and non market.

Answer»

the three difference between MARKET and non market are

  1. it INVOLVES remuneration PAID to anyone who performs an ACTIVITY for earning money.
  2. it GIVES profit.
  3. examples government government service

Non market

  1. production production is for self consumption.
  2. it does not give any profit.
  3. for example processing of primary production of goods


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