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Fill in the blanks

1. A set up where two or more parties engage in ........ of goods, service and information is called a market.

2. In regulated Markets, there is some oversight by appropriate ........... authoriries

3. ........... refers to a market structure in which there is a single producer or seller that has a control on the entire market.

4. ........... statue is regarded as the ‘Magna Carta in the field of consumer protection for checking unfair trade practices.

1 Answer

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Best answer

1. exchange 

2. Government 

3. Monopoly 

4. COPRA

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