Why is cost estimation necessary in visual art occupation?
Answer and explanation
Correct answer: To fix fair price and understand profit
Without knowing cost, fair price and profit are difficult to decide. In exams, write the basis of pricing.
Frequently asked questions
What is the correct answer to this question?
To fix fair price and understand profit
Why is this the correct answer?
Without knowing cost, fair price and profit are difficult to decide. In exams, write the basis of pricing.
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.