What problem will arise if labour time is ignored while deciding the real price of an art product?
Answer and explanation
Correct answer: The artist’s skill will be undervalued and income will decrease
The price of an art product should include the artist’s time, effort and skill along with material costs. If labour time is ignored, the product may be underpriced, undervaluing the artist’s skill and reducing income. Material cost does not disappear; it is separate from labour cost. Exam tip: When explaining pricing, mention both material cost and labour/skill cost.
Frequently asked questions
What is the correct answer to this question?
The artist’s skill will be undervalued and income will decrease
Why is this the correct answer?
The price of an art product should include the artist’s time, effort and skill along with material costs. If labour time is ignored, the product may be underpriced, undervaluing the artist’s skill and reducing income. Material cost does not disappear; it is separate from labour cost. Exam tip: When explaining pricing, mention both material cost and labour/skill cost.
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 - Visual arts.
