Question

What is consumer exploitation and how consumers can be exploited?
What is consumer exploitation and how consumers can be exploited?

Answer 1

Answer:

this is the answer for first part

Explanation:

consumer can be exploited by charging higher prices of commodities to them or selling them fake products and so on

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Answer 2

Answer:

The different forms of consumer exploitation are:

(i) Less weigh.

(ii) Defective goods.

(iii) Provide poor services.

(iv) Impure quality of products/goods.

(v) High prices: sellers usually charge a price higher than theprescribed retail price.

(vi) Duplicate Articles.

(vii) False or incomplete information, misleading consumers.

(viii) Lack of safety devices which cause harm to the consumers.

(ix) Adulteration: Mixing or substituting undesirable materials in food items etc.

(x) Unsatisfactory after sale service: supplies do not provide satisfactory behavior.

(xi) Large companies with huge wealth, power and reach can manipulate in the market.