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Standard VII
Civics
Online Shopping
Why are goods...
Question
Why are goods sold in permanent shops costlier than those sold in the weekly markets or by roadside hawkers?
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Solution
Mention the setup cost and expenses that mark the difference in cost when setting up a permanent shop compared to weekly markets and roadside hawkers.
A roadside hawker sells cheaper goods than a permanent store because their setup cost is much less costly than a permanent store.
Unlike roadside hawkers, the owners of permanent shops must pay rent, taxes, and electricity charges.
In contrast to roadside hawkers, permanent shops also employ workers with regular salaries, thereby increasing the cost of goods.
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