Question

LETS WORK THESE OUT
1. What are the various ways by which people may be exploited in the marker?​

Answer 1

Explanation:

Consumer may be exploited in the market in the following ways :

(a) Substandard quality : Selling of medicines beyond their expiry date, supply of defective home appliances etc. are the activities by traders in which they sell substandard quality of goods.

(b) Higher prices : Traders sometimes charge a price higher than the retail price (MRP).

(c) Duplicate Articles : Many false and duplicate products are being sold to the consumers.