b) The supply chain in a market leads to increase of prices as it goes on. Use a example to discuss this statement.
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Supply chain in a market leads to increase of prices as it goes on, this is due to the addition of various middlemen at various steps.
- For example, manufacturers are regarded as the Direct sellers of the commodity, if they are selling a pen for Rs. 5, the customer has to pay Rs. 5.
- If there is a middleman involved like a wholesaler the price may up and the customers can be charged Rs. 7.
- With the addition of a retailer the price may even come upto Rs. 10
- Thus, with every addition in supply chain the prices of the product definitely goes up.
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