Highly perishable and bulky articles, costly to transport over long distances, typically command a:

1. When buyers and sellers are limited to a local area, the market is a local market. 2. Highly perishable goods and bulky articles whose long-distance transport is uneconomical fit this category. 3. National and international markets describe wider reach, so they are ruled out here. 4. Therefore the answer is a local market. _Source: ICAI BoS CA Foundation Paper 4 Business Economics, Ch 4 Unit I "Meaning and Types of Markets", p.2_