Question

an electricity company charges its consumers according to the unit consumed per month as per the given traffic units consumed up to 100 units more than 100 units charges rupees 2 per unit and up to 200 units charges 1.80 rupees more than 200 units charges rupees 1.50 per unit​

Answer 1

Answer:

In the markets buying and selling takes place between the traders. Through these traders the goods reach faraway places. The trader who finally sells the goods to consumer is the retailer. This could be in weekly market, a hawker or in a shopping complex.

 

Q How is chain of markets set up ?

1 Wholesaler buy the products in bulk directly from the producers.

2. Every city has areas with wholesale market from where the goods are supplied to other traders.

3. Retailer buy goods in smaller quantities from the wholesalers and take them to different parts of the city.

4. The road side hawkers further purchase these goods either from a wholesaler or a retailer to sell it in particular localities.

5. Wholesale trader bought large quantity of goods from factory or producers and store them in godowns

6. In this way a chain of markets is set up through which goods finally travel to reach us.

 

Q Give an account of those things which we do not directly use.

Explanation: