Why should years of learning effort be considered while pricing handicrafts?
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Answer and explanation
Correct answer: Because skill development is part of the invisible value of the product
The value of handicrafts is not only material but also skill and experience. Exam tip: include invisible skill cost in pricing.
Frequently asked questions
What is the correct answer to this question?
Because skill development is part of the invisible value of the product
Why is this the correct answer?
The value of handicrafts is not only material but also skill and experience. Exam tip: include invisible skill cost in 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 - Handicrafts.
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