Question

Why are goods sold in permanent shops costlier than those sold in the weekly markets or by roadside hawkers?

Answer 1

Mention the setup cost and expenses that mark the difference in cost when setting up a permanent shop compared to weekly markets and roadside hawkers.

• A roadside hawker sells cheaper goods than a permanent store because their setup cost is much less costly than a permanent store.
• Unlike roadside hawkers, the owners of permanent shops must pay rent, taxes, and electricity charges.
• In contrast to roadside hawkers, permanent shops also employ workers with regular salaries, thereby increasing the cost of goods.