Question

Why are rules and regulations required for the production of consumers in the marketplace explain with examples?

Answer 1

$\underline{\underline{\Huge\mathfrak{Answer ;}}}$

Dear ,

Rules and regulations are required in the marketplace to protect the consumers against exploitation by the producers, sellers and service providers. 

__________________

- Regards
@dmohit432

Answer 2

$<b>$Rules and regulations are required in the marketplace to protect the consumers against exploitation by the producers, sellers and service providers.



They often indulge in unfair trade practices and provide false information about a particular service or product.