Question

how do the supplier suppliers and service providers exploit the consumers in the market explain four such ways​

Answer 1

Answer:

1. False Advertising - making deceptive and misleading claims in the advertisements of the products. 2. Deceptive Pricing - Very often traders charge deceptive ...

Answer 2

Answer:

The other reasons for consumer exploitation are ignorance, superstitions, social factors, shortage of goods and service, etc. Sellers indulge in unfair trade practices like black marketing, artificial high pricing, adulteration, hoarding, etc., to earn high profits. All these practices end up to consumer exploitation.