Chandra, the handloom textile outlet owner, incurs Rs. 800 per meter for handloom fabric. Her competitors, however, on an average incur only Rs. 50 per meter. Which is the major factor contributing to the high cost incurred by Chandra?

Marketing

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Procurement of yarn

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Labour

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Technology

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Open in App

Solution

The correct option is D
Technology

Of all the reasons, the major factor which leads to huge costs is outdated technology used by Chandra. Her competitors have updated their business with the new technology and hence enjoy the benefit of incurring low costs.

Suggest Corrections

Similar questions

In the case of Chandra, we saw she incurred very high production costs using handloom as compared to the mechanized powerloom. Apart from the costs, which of the following factor(s) are impacted due to outdated technology?

Q. In a day, Chandu and Priya can make ten sarees using a handloom. Chandu is getting paid 1000 Rs per day, but Priya is getting paid only 800 Rs per day. Here the handloom owner is violating which of the following Human Rights?

Q. Expenditure incurred in cultivating a square field at the rate of Rs.

170

per hectare is Rs.

680

. What would be the cost of fencing the field at the rate of Rs.

3

per meter?

The volume of a cubical tank is 1331 $m^{3}$ . Given that it costs Rs.10 to paint per square meter. Find the cost incurred to paint its complete surface area.

A wall has a length of 8 m and a breadth of 4 m. To paint the wall, the painter asked for Rs. 5 per square meter. There is a door in the wall which has a height of 2.4 m and a breadth of 1.2 m. Find the cost incurred for painting the wall.

Join BYJU'S Learning Program

Chandra, the handloom textile outlet owner, incurs Rs. 800 per meter for handloom fabric. Her competitors, however, on an average incur only Rs. 50 per meter. Which is the major factor contributing to the high cost incurred by Chandra?

The correct option is D Technology Of all the reasons, the major factor which leads to huge costs is outdated technology used by Chandra. Her competitors have updated their business with the new technology and hence enjoy the benefit of incurring low costs.

The correct option is D
Technology

Of all the reasons, the major factor which leads to huge costs is outdated technology used by Chandra. Her competitors have updated their business with the new technology and hence enjoy the benefit of incurring low costs.