State whether it is true or false.

As compared to the weavers, merchants earn more.

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True

False

answer is A.

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Detailed Solution

The above statement is true.
According to the orders for cloth he has received, the merchant divides the work among the weavers. The weavers give the merchant the yarn in exchange for the cloth. There appear to be two advantages to the weavers in this arrangement. The cost of purchasing yarn is not demanded of weavers. Selling the finished fabric is a concern that is also covered. The type of fabric and required quantity are both known in advance by weavers. But because they depend on merchants for both raw materials and marketplaces, merchants hold a lot of sway. They provide instructions for the material to be created and pay a very small sum for the fabric to be made.

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