The body formed by sellers of a common product in a local market is an example of ________
Question 1 Report
The body formed by sellers of a common product in a local market is an example of ________
Answer Details
The body formed by sellers of a common product in a local market is an example of a Manufacturer's Association.
A Manufacturer's Association is a group of manufacturers who come together to achieve common goals such as promoting their products, improving production methods, and setting standards for the quality of their products. They work together to improve the overall business environment for their industry and to protect the interests of their members.
This type of association is different from a Trade Union, which represents workers and their rights, and from a Consumer's Association, which represents the interests of consumers.
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