Question

Consumers facing a situation between actual and desired demand of good is

Answer 1

the Consumers facing a situation between actual and desired demand of good is consumer exploitation

Answer 2

Hey friend,

The answer to the question is following,

Consumers facing a situation between actual and desired demand of good is called consumer exploitation.

This phenomenon means that the consumer is unaware of all the product specifications and what goes on about the product. The limited information about the product allows the producer to take advantage of this situation and market their product more and earn profits.

Thanks for asking