Economy, asked by JasonR3654, 1 year ago

How are consumer exploitation in the market place explain with 3 example

Answers

Answered by Anonymous
3
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.
Answered by Anonymous
7

Consumers are exploited in the market in the following ways:

  • Adulteration in goods
  • Weighing less
  • Bad quality of product
  • Forced to buy other products even when he don't want them
  • Asked higher cost of product
  • Sometime information related to production are not printed on the product


Similar questions