Physical and non physical markets Flashcards
1
Q
What is a physical Market
A
A market where buyers can physically meet the sellers and purchase the desired products/services from them.
2
Q
What is a non-physical Market
A
Where buyers purchase gooods/services via the internet.
3
Q
Why would firms operate in a physical market
A
4
Q
Why would firms operate in a non-physical market
A
