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Why is pricing transparency beneficial for both customer and artisan in handicrafts?

Answer and explanation

Correct answer: The customer understands material, labour and other costs, and the artisan can explain the basis of a fair price

Pricing transparency helps the customer understand how material, labour, skill and other costs contribute to the price. It builds trust and enables the artisan to justify a fair price for handmade work. Option B is incorrect because transparency allows customers to evaluate quality and price; it does not force them to accept any price. Exam tip: link transparent pricing with fair value, cost information and customer trust.

Related tags

HandicraftsPricing TransparencyFair PricingArtisan LivelihoodConsumer AwarenessCustomer TrustTraditional Occupations In India HandicraftsWorkLivelihood And Career

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