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Question
Explain the following term/concept:
One price shop.
Solution
One price shop is the shop where all goods of different types are sold at the same price, Such traders normally shout on the public places, buses, rods, etc. For example, they say “Everything for One Hundred Rupees” etc. By raising such slogans they attract consumers. They have normally goods of different qualities and of low prices. But the price for them is fixed in a manner that all the goods can be sold at the same rates.
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