Let us Explore (Page 266) Onions are an important part of the cuisine in most parts of India. In some seasons Class 7
hardLet us Explore (Page 266) Onions are an important part of the cuisine in most parts of India. In some seasons Class 7
Onions are an important part of the cuisine in most parts of India. In some seasons, the supply of onions comes down in the market. What do you think happens to the price of onions when this happens? Class 7
Answer:
When the supply of onions comes down in the market, the price of onions usually goes up. This happens because fewer onions are available, but demand remain same or less than supply. So, sellers usually charge more.
Question 2.
What will happen if the people supplying onions do not bring the required quantities to the market? What do you think the government should do in this situation? Class 7
Answer:
If suppliers do not bring enough onions to the market, there will be a shortage. This can lead to higher prices and consumers may struggle to find onions. The government sell the onion at fair price shops and mobile shops at subsidised prices. Import onions and impose stock limit of onion for onion's wholesalers.