Question

exploitation of consumer happen in three major ways in the marketplace support the statement

Answer 1

Exploitation in the marketplace happens in various ways. Some examples are

(i) When traders indulge in unfair trade practices such as when shopkeepers weigh or measure less than what they should. This is usually in materials sold loose like rice, flour, milk, etc.

(ii) When traders add charges that were not mentioned before, like handling charges, packing charges, etc.

(iii) When adulterated/defective goods or expired medicines are sold.

Answer 2

✨✔️✔️Question : Exploitation of consumer happen in three major ways in the marketplace. Support the statement.

✔️✔️Answer:
Rules and regulations ate required for the protection of the consumers in the market place. Individual consumers often find themselves in a weak position. Exploitation in market place happens in many ways :

• Traders indulge in unfair trade practices.
• Traders add charges that were not mentioned before.
• Adulterated / defective goods are sold to consumers.

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