briefly explain varios types of consumer exploitations exist in the market?
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1. selling of adulterated goods
2. applying the charges that were not mentioned earlier
3.tradersway less than what they should
2. applying the charges that were not mentioned earlier
3.tradersway less than what they should
Answered by
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i). Adulteration: Adulteration means mixing or substituting undesirable materials in food. This causes heavy loss to the customers; they suffer from monetary loss as well as spoil their health.
ii). False claim: Sellers make false claim about the durability and quality of their product through advertisements.
iii). Under measurement: Sellers generally give under measured goods and charge for the actual quantity.
iv) . Hoarding and black marketing: Trader generally holds the stock of essential commodities to create artificial scarcity in the market so that they can sell their commodities at higher price.
v). Substandard goods: Sellers usually sell inferior quality goods in order to make more profit.
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ii). False claim: Sellers make false claim about the durability and quality of their product through advertisements.
iii). Under measurement: Sellers generally give under measured goods and charge for the actual quantity.
iv) . Hoarding and black marketing: Trader generally holds the stock of essential commodities to create artificial scarcity in the market so that they can sell their commodities at higher price.
v). Substandard goods: Sellers usually sell inferior quality goods in order to make more profit.
hope it helps u .....and if yes...... then mark it as the brainliest.....
Rita07:
ty ....
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