Types of Market

A market is a place we often hear. The market is an institution that is generally intangible physically bring together buyers and sellers of a commodity (goods or services). The interactions that occur between the seller and the buyer will determine the level of prices a commodity (goods or services) and the number of commodities that are traded. A market is a place where buyers and sellers interact (Sugiarto., Herlambang, T., Brastoro., Sudjana, R., & Kelana, S. 2007).A market is a place that is very frequently visited by the public, and the number of visitors is always increasing. http://jogja.tribunnews.com stated a number of visitors to the traditional market in the city of Yogyakarta in 2015 increased by 4.46 percent over the previous year. It can be concluded the market became a favorite place for people to shop. There are many types of market.  As a student of economic, we should know about this.