Question

explain the important factor which causes exploitation of consumers

Answer 1

The important factors are :

1: traders charage high prices more than the MRP rates issued.

2: adulteration and impurity :
Somtimes consumers r be fooled by giving impure goods, to get high profit.

3: sub standard quality :
Tarders sell duplicate stuff for earning profit

4: undermeasurement :
Sometimes they weigh less than, than what they should, to earn profit.

5:* false and incomplete information :
Many times consumers r misleaded by traders. By giving wrong information.

6: artificial scarcity :
The Tarders sometimes create hoardings of false scarcity of goods.
After, that they sell at higher costs.


Hope this may help uh!!!

Answer 2

Factors which causes exploitation of consumers are:-
1-black marketing
2-selling defective goods by the shop keepers
3- selling in price more than the mrp