BEHAVIOR OF MARKETS AND ITS EVIDENCE TO SET PRICES: AN OUTLOOK

Abstract

Markets, a very broader term in economics and has a wider perspective. It's an amalgamation of buyers and sellers of a product and the spread between them. The transactions for commodities may be also through letters, telegrams, telephones, internet etc. It refers to a commodity and the buyers and sellers who are in direct competition with one another. There are certain crucial structure and patterns of market that gets re