(a)[2]
Identify two ways in which kiranas compete for customers.
(b)[5]
What conclusion can be drawn about the groceries and vegetables trade in India from Fig. 1.1?
(c)[6]
Use economic analysis to identify the market structure in which kiranas operate and explain how equilibrium is reached by a firm in such a market.
(d)[7]
Discuss how supermarkets in India might be able to compete with the stalls and kiranas.