whatare the various ways by which consumers are exploited in the market?
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There are various ways by which a consumer is exploited in a market. The unfair treatment by the seller, the wrong pricing, lack of knowledge, fooling them with wrong advertising etc are some ways consumer get exploited
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Price and quality are the two main ways in which the consumers are cheated or exploited in the market. Sometimes, free offerings that are available with some products is not given by the shopkeepers. At other times, the warranty on a product or guarantee period or post sale services are not informed to customers.
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