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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





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