Question

hiw does exploitation of consumer take place in the market explain with any 3 facts​

Answer 1

$\huge{\underline{\mathfrak{\ ANSWER}}}$

Exploitation in the marketplace happens in
various ways.

(i) Shopkeepers weigh less than what they
should.

(ii) Traders add charges that were not
mentioned.

(iii) When defective or adulterated goods are
sold.

(iv) When false information is passed on through
the media

(v) Traders and producers hoard goods and
create an artificial scarcity in the market to sell
those hoarded goods at higher prices.

Answer 2

1) High prices: In this case, the traders can charge a price higher than the price prevailing in the market.

2) Underweight: Traders cheat the costumers by resorting to underweight.

3) Substandard quality: Some traders or sellers sell substandard quality products to the consumer. Nowadays, markets are full of duplicate products.

Hope it helps uuu..