Look at the real life situation that a retail seller of vegetables encountered: A family came to shop for vegetables. Class 7

Look at the real life situation that a retail seller of vegetables encountered: A family came to shop for vegetables. Class 7

Look at the real life situation that a retail seller of vegetables encountered: A family came to shop for vegetables. The price of beans that the seller on the cart was offering was ₹ 30/kg. The lady started to bargain with the seller to bring the price down to ₹ 25/kg. The seller protested and refused to sell at that price saying he would make a loss at that price. The lady walks away. The family then goes to a super bazaar nearby. They buy vegetables in the super bazaar where they pay ₹ 40kg for the beans that is neatly packed in a plastic bag. What are the reasons that the family does this? Are there factors that affect buying and selling which are not directly connected to price? Class 7

Answer:

In this situation, the family chose to go to the super bazaar because they found the beans there to be neatly packed fresh and perhaps more convenient, even though they paid a higher price of ₹ 40/kg.