Question

Stores sold things with set prices so the merchants could have a steady income.

True
False

Answer 1

Answer: True.

Explanation: In a traditional retail store setting, prices are set ahead of time by the merchants and store owners. The prices are set based on the cost of the goods and a markup to ensure a steady income for the merchants and store owners. This is different from a market setting, where prices are determined by supply and demand and bargaining between buyers and sellers.

Answer Rewrited: Do Merchants and store owners set prices for their goods in order to maintain a steady income.

Answer 2

true

Step-by-step explanation:

During the medieval period, many stores and markets had set prices for goods, which helped merchants to have a steady income. This system of fixed prices was known as the "just price" system.