Business Studies, asked by roopaseenaroop65, 3 months ago

2 marks [2x4=8) what are the Causes for Consumer exploitation ?​

Answers

Answered by Anonymous
1

Answer:

Reasons or factors causing exploitation of consumers are:

(1) Limited information (2) Limited supplies (3) Limited competition (4) Low literacy (5) Lack of bargaining power (6) Irregular prices offered (7) Misleading advertisements (8) Lack of unity and (9) Cumbersome and time taking legal proceedings.

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