Economy, asked by gehna853235, 1 year ago

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What are the factors causing exploitation of consumer

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Answered by gamerneonchigmailcom
1

The main causes of consumers' exploitation are : 1. Lack of knowledge: The main reason for exploitation of consumers is lack of knowledge. Several consumers do not have the knowledge about the price, quality, services related commodities.


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Answered by gunjitlovegehna853
0

Answer :-)

The main causes of consumers' exploitation are : 1. Lack of knowledge: The main reason for exploitation of consumers is lack of knowledge. Several consumers do not have the knowledge about the price, quality, services related commodities

Various forms of consumer exploitation include higher commodity prices beyond recommended costs, risk products, adulteration and sub-standard commodities. Other forms of exploitation include false claims about the product's attributes, breach of warranty and maintenance contract

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