7th Class Social Science Fundamental Rights and Duties Question Bank A Shirt in the Market - Short answer Type Question

  • question_answer
    Why might lesser number of intermediaries be preferred in selling a product?

    Answer:

    There are many intermediaries between the farmers and the consumers like local collectors, wholesalers, retailers and processors. Each person at his level seek to maximize the revenue. Greater the number of people involved in the supply chain, the higher becomes the price of the service or product. Thus lesser number of intermediaries are always preferred in selling a product.


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