Question

What are the various ways by which people may be exploited in the market?
What do you think should be the role of consumers?

Answer 1

ways by which people may be exploited in market:
1. shopkeepers sell adulterated good to consumers
2. shopkeepers weigh less good
3. shopkeepers cost extra hidden charges for a good.
4. shopkeepers hoard goods so that their cost increases in market and they could gain profit.
5. shopkeepers sell defective items to the consumers.
6. shopkeepers through advertisements claim wrong things about the product to attract consumers

Role of consumers:
1. consumers should be aware of the consumers rights.
2. consumers should always see the MRP and buy goods.
3. consumers should take receipt of their purchases