State whether the given statement is true or false:

Weekly markets sell goods at a more expensive rate because they incur charges for travelling and setting up stalls on specific days. In comparison, normal shops do not incur travel or sudden rent expenditure because they have a permanent stall.

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True

False

answer is B.

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Detailed Solution

The above statement is false. Normal shops sell goods at more expensive prices because they incur regular charges for their permanent structures. In contrast, weekly markets do not incur rent expenditures because they do not have permanent stalls.
The prices of many items in weekly markets are lower. This is because permanent structures require shops to spend money on rent, energy, government fees, and employees' wages. Business owners of weekly markets store the goods they sell at their homes. Most of them do not need to recruit employees because they receive assistance from their family members.
Thus, regular shops sell goods at an expensive cost.

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