Economy, asked by davidsahi1026, 11 months ago

Write various forms of consumer exploitation

Answers

Answered by Anonymous
6

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●i). Adulteration: Adulteration means mixing or substituting undesirable materials in food. This causes heavy loss to the customers; they suffer from monetary loss as well as spoil their health.

●ii). False claim: Sellers make false claim about the durability and quality of their product through advertisements.

●iii). Under measurement: Sellers generally give under measured goods and charge for the actual quantity.

●iv) . Hoarding and black marketing: Trader generally holds the stock of essential commodities to create artificial scarcity in the market so that they can sell their commodities at higher price.

●v). Substandard goods: Sellers usually sell inferior quality goods in order to make more profit.

●vi). High price: Sellers who are dealing in necessities generally charge arbitrary prices.

●vii) . Duplicate Articles: In the name of genuine parts or goods, duplicate items are sold to the consumers.

●viii). Lack of safety devices: Electronic appliances produced locally lack the required inbuilt safeguard which causes harm to the consumers.■■■■

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Answered by nasirulhaq6595
3

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.

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