Question

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

Answer 1

Explanation:

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

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