Choose the below statement is true/false;

The persons involved in the buying and selling process earn equally.

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True

False

answer is B.

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Detailed Solution

The above statement is False.
All the persons involved, from the producer to the buyer, don't earn equally in the buying and the selling process. There is a significant difference between the earnings of different people involved. The people involved can be categorised at different levels based on their earnings and their work. The workers who produce the cotton or weave the clothes are generally paid the lowest price. While those who come at higher levels, like a businessperson who sells the final product, earn the most in the chain. Farmers and weavers do all the hard work and physical labour.
The correct statement is that the persons involved in the buying and selling process don't earn equally.

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