Rashmi is travelling from Mumbai to Pune in a bus. On her journey, she bought a packet of chips.
Identify the visible and invisible trade done by Rashmi.
A
Buying a packet of chips and the bus ride are both examples of visible trade.
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
Buying a packet of chips and the bus ride are both examples of invisible trade.
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
Visible trade: Buying a packet of chips
Invisible trade: Bus ride
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
D
Visible trade: Bus ride
Invisible trade: Buying a packet of chips
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution
The correct option is C Visible trade: Buying a packet of chips
Invisible trade: Bus ride Based on the type of product, trade is classified into visible and invisible. Buying a packet of chips, a tangible product, is visible trade, whereas the bus rise, an intangible service, is an invisble trade.