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Think of other examples where Collective provision of goods and services is cheaper than individual provisions.
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In factories where goods and services are produced at mass scale, in mining areas and in manufacturing units where also goods are produced and manufactured in bulk.So few merchants prefer to sell their goods in wholesale and they don't want any kind of mediator in their work and all they want is that customers should come to them and purchase.
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Heya __
Answer goes here ___
⚪ If practically we think then we will find that normally the provision of goods and services is cheaper for individual because the amount of goods and services for an individual is small and in a collective way large no of goods and services are required so it should be costly...
But according to question _
⭐ Think of other examples where Collective provision of goods and services is cheaper than individual provisions ...
⚪ In our economics study there are so many examples where the provision of goods and services in collective way are cheaper than individual provision ...
⚫ Whole sale market :-
In this market if an individual person is buying any good and service then it will be costly as per it's price but if a person is buying the bundles or large amount of goods for a group then the some % of discount will be given to it and it become cheaper for him then an individual...
⚫ Social services by the government :-
As we known that the Public Distribution System is going out in our country and the distribution of these goods is cheaper for them in compare to if they will buy it individually...
⚫ At the time to promote sale :-
A newly setup firm wants to increase it sake first so it gives sales for it then a collective provision of goods will be cheaper according to if it will purchase by an individual...
Thank you
Hope this help uh Muskan ☺
Answer goes here ___
⚪ If practically we think then we will find that normally the provision of goods and services is cheaper for individual because the amount of goods and services for an individual is small and in a collective way large no of goods and services are required so it should be costly...
But according to question _
⭐ Think of other examples where Collective provision of goods and services is cheaper than individual provisions ...
⚪ In our economics study there are so many examples where the provision of goods and services in collective way are cheaper than individual provision ...
⚫ Whole sale market :-
In this market if an individual person is buying any good and service then it will be costly as per it's price but if a person is buying the bundles or large amount of goods for a group then the some % of discount will be given to it and it become cheaper for him then an individual...
⚫ Social services by the government :-
As we known that the Public Distribution System is going out in our country and the distribution of these goods is cheaper for them in compare to if they will buy it individually...
⚫ At the time to promote sale :-
A newly setup firm wants to increase it sake first so it gives sales for it then a collective provision of goods will be cheaper according to if it will purchase by an individual...
Thank you
Hope this help uh Muskan ☺
Muskan1101:
Thankyou di ! :)
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