How does MRP benefits a consumer
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Answered by
8
Heyya..
MRP - Maximum Retail Price helps the consumer to give an exact value of a particular product in any part of the country as the price remains constant...
It is also not very huge..
Hope it helps..
Thanks
MRP - Maximum Retail Price helps the consumer to give an exact value of a particular product in any part of the country as the price remains constant...
It is also not very huge..
Hope it helps..
Thanks
Answered by
8
MRP stands for Maximum Retail Price. it is the maximum price which a seller can demand from a consumer on purchase of a particular product.
It is very important as it sets a limit beyond which the sellers cannot sell the product. otherwise they would easily exploit the consumers.
It is very important as it sets a limit beyond which the sellers cannot sell the product. otherwise they would easily exploit the consumers.
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