Question

Compare the price of a plastic bucket from a weekly market and a mall. What are the reasons behind the difference in price and why?​

Answer 1

Answer:

Answer. the price of plastic bucket is cheap in weekly market is cheaper than that compared to mall. because goods that are sold in malls include money of taxes,electricity charges,rents and govt fee. whereas weekly markets dont incur all the above mentioned expenditures neither they need to pay wages to their workers.

Answer 2

Answer:

The price of bucket in local market is cheap because the shopkeepers buy it from wholesale and it costs them less whether in mall it is sold on a particular stall and according to mall it costs extra charges and tax and thats why it is more expensive compared to the weekly market