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Subjects

On what basis should proper pricing in handicrafts be done?

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Answer and explanation

Correct answer: On raw material, labour time, skill, transport and profit

Price should include the real cost of both material and labour. Exam tip: remember the value of artisan time.

Tags

home-sciencepricingcostingartisan-income

Frequently asked questions

What is the correct answer to this question?

On raw material, labour time, skill, transport and profit

Why is this the correct answer?

Price should include the real cost of both material and labour. Exam tip: remember the value of artisan time.

Which subject and chapter does this question cover?

This is a Class 11 Home Science question. Chapter: Work, Livelihood and Career. Topic: Traditional occupations in India - Handicrafts.

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