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Subjects
Social Science
Class 7
Market and Consumer protection
4.
Choose the correct answer
Exercise condition:
3
m.
Choose the correct answer.
1.
Land, capital, labour, entrepreneurship are known as ____________.
Factors of production
Factors of distribution
2.
_______ is a place where the buyers and sellers come together to sell/buy goods and services.
Common area
Market
3.
For perfect competition, _______ must exist in the market.
one price
many price
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