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Why do people not bargain in shops located in malls whereas they bargain in weekly markets? - Social Science

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Question

Why do people not bargain in shops located in malls whereas they bargain in weekly markets?

Answer in Brief

Solution

People don’t bargain in shops located in malls whereas they bargain in weekly markets because of the following reasons:

  1. The shops located in malls are generally fixed-price shops.
  2. The goods available in shops located in malls are generally branded and are sold on a fixed profit margin.
  3. The buyers, who go to shops and showrooms located in malls, are high-profile, rich people.
  4. They don’t like to bargain. They always prefer to buy quality choices and don’t care about the price.
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Shopping Complexes and Malls
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Chapter 7: Markets Around Us - Intext Questions [Page 87]

APPEARS IN

NCERT Social Science - Social and Political Life 2 [English] Class 7
Chapter 7 Markets Around Us
Intext Questions | Q 9. | Page 87
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