Supply and Demand

Today when I went to Itwaar Bazar in Defence to do some grocery shopping, I found out that the Sunday Fair was called off due to Eid MiladunNabi. However, there were countless customers like me who didn’t know about it. Moreover, many sellers were also there who had set up their shops and were doing business anyway. As a result, no one went empty handed. The basic stuff like fruits and vegetables were available as usual. When I asked one of the shopkeepers about why there were lesser shops, he said there is no official Itwaar Bazaar today but they have come on their own to sell their stuff.

The point I wanted to make is that, some sellers depend so much on these Sunday Markets that if they don’t do business on Sundays they can’t survive. On the other hand, many people do the entire grocery shopping from these low-price markets on Sundays, which if they don’t do they will be forced to go for other costly options. So the demand for Sunday market is and will always be there (even if it is a national/religious day). And the sellers will always come forward as a result of this demand. The goverment shouldn’t micromanage every thing.

2 Comments so far

  1. Dee (unregistered) on April 2nd, 2007 @ 1:29 am

    Well, in case of statuatory Holidays these sellers can move Itwar bazaar from Itwaar to Saturday or on Monday.Thats how things get done during Christmas or other holidays in this part of the world.So improvise or loose business.
    Dee


  2. llama (unregistered) on April 3rd, 2007 @ 5:50 pm

    The “itwar” bazaar will now be held today, i.e. Tuesday in lieu of the holiday on Sunday. At lesat thats what they’ve done in the past whenever there was a sunday holiday. I too went on Sunday only to return empty-handed, will try going today.



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