How will you justify that you are an alert consumer while buying a commodity from the market. Give two example/ situations to support you.
Answers
2.when you are checking the prices of it
Consumers are the king of the market.
Explanation:
Their preferences create demand and supply of products takes place accordingly. But a consumer needs to alert while buying a product. He must ensure that he buys a quality product at a cost effective price.
This can be achieved only if he is aware of the market availability of the products. Secondly, consumer can check the weight of the products appropriate to the price. He has to ensure that he reads the label carefully which specifies the expiry of a particular product.
A consumer should not be allured to false advertisements. He must ensure that he receives the formal bill for the purchase of the product. He has to shop standardized products accredited by the government. Finally he must possess the knowledge of consumer rights.
Learn more about consumers:
What are consumer rights?
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