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    DecomPosiTion                                                   (c)  Retailer → Producer → Consumer
                       6.  Which option correctly decomposes the
                                                                                       → Wholesaler
                         process of market transaction?
                                (a)  Production → Storage → Transport               (d)  Wholesaler → Consumer →
                                   → Consumption                                       Producer → Retailer
                                (b)  Buyer → Seller → Negotiation →       9.  If online markets did not exist, what would be
                                   Price agreement
                                (c)  Demand → Supply → Profit → Loss         the most logical impact?

                                (d)  Goods → Services → Money →                     (a)  Increase in global trade efficiency.
                                   Trade
                      7.  Which decomposition correctly explains how                (b)  Reduced access to distant sellers
                                                                                       and limited product variety.
                         online aggregators function?

                                (a)  Produce → Store → Sell → Deliver               (c)  Elimination of wholesalers.
                                (b)  Collect listings → Display options             (d)  Decrease in physical markets.
                                   → Receive orders → Deliver goods
                                (c)  Manufacture → Transport →           10.  If government fixes prices too low for
                                   Advertise → Sell                          essential goods, what is the likely outcome?
                                (d)  Buy → Consume → Review →
                                   Return                                           (a)  Increase in production.

                    AlgoriThmic Thinking
                      8.  Which sequence best represents the flow of                (b)  Producers lose interest and reduce
                                                                                       supply.
                         goods in a physical market system?
                                (a)  Consumer → Retailer →                          (c)  Buyers stop purchasing.
                                   Wholesaler → Producer
                                (b)  Producer → Wholesaler → Retailer               (d)  Markets stop functioning
                                   → Consumer                                          completely.

                                       A survey of 120 consumers was conducted to understand preferences between online
                                       and offline markets:
                                          50 people prefer offline markets for bargaining and immediate purchase.
                                          30 people prefer online markets for convenience and home delivery.
                                          25 people prefer both equally.
                                          15 people prefer offline markets for essential goods and online markets for others
                                          purchases.
                                       Four students made the following conclusions:
                                          Aman: Online markets are the most preferred overall.
                                          riya: Offline markets have the highest preference among consumers.
                                          kabir: Equal number of people prefer online and offline markets.
                                          sneha: Most people prefer only online markets for all purchases.
                                       Who is correct based on the data?

                                                  (a)  Aman                                      (b)  Riya

                                                  (c)  Kabir                                     (d)  Sneha

                     118       Computational Thinking-7 (Social Science)

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