Economy, asked by soumyadeepsaha0711, 8 months ago

causes of consumer exploitaion

Answers

Answered by maanikasaraf1
3

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.

Explanation:

Answered by maheshsing2991
2

Answer:

  • Due to less knowledge of the consumers about the particular products.
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