'there is a whole lot inequality both among buyers and sellers' explain it.
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Answered by
74
There are different kinds of buyers and sellers.
In the case of sellers, one sells his goods in the weekly market while the other sells his goods in a large mall. The weekly market seller earns very less compared to the big business man. So there is unequality here.
In the case of buyers, the rich people are busy shopping in malls while the poor cannot meet even there day to day needs. So here too is inequality.
In the case of sellers, one sells his goods in the weekly market while the other sells his goods in a large mall. The weekly market seller earns very less compared to the big business man. So there is unequality here.
In the case of buyers, the rich people are busy shopping in malls while the poor cannot meet even there day to day needs. So here too is inequality.
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Answered by
11
There is a whole lot inequality both among buyers and sellers, because -
• The inequality among the buyers is observed due to the differences of the financial capabilities of individual buyers. A buyer with adequate amount of financial capability can purchase a lot more than a buyer with less amount of financial capability.
• Similarly,the financial capabilities also create inequalities among the sellers also. The financial differences create differences in the production or business scale of the sellers.
• So differences of the financial capabilities are the main factors behind the inequality among buyers and sellers.
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