Question

Discribe different ways how consumers are exploited at the market place .

Answer 1

Exploitation in the marketplace happens in various ways. Some examples are (i) When traders indulge in unfair trade ..

Answer 2

Consumers can be exploited in the market place by the following ways:-

* Buying low quality goods at a high price.

* Less weighting of goods.

* Buying adulterated or defective goods

* Adding extra charges over the MRP

* Buying expired and harmfull products