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.
Frequently asked questions
What is the correct answer to this question?
The customer understands material, labour and other costs, and the artisan can explain the basis of a fair price
Why is this the correct answer?
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.
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.