State whether it is true or false.

In a weekly market, things are very expensive.

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True

False

answer is B.

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Detailed Solution

The above statement is true.
Weekly markets are held on a particular day in a week. Sellers set up their shops for a day and then close up. The next day they set up at a different place. The weekly market also has many shops, and all the shops sell the same goods. That means there is competition in weekly markets. Sellers place their market according to the desired location with huge consumer attractions. That's why they sell their goods at a cheaper rate. Their prices are lower than other markets like malls and shopping complexes. They don't have to pay regular rent or electricity bills. This facility benefited weekly market shopkeepers more than permanent shopkeepers.

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