Question

By which of the following way a consumer gets exploited by the manufacturer?

• A. High Price
• B. Fake Goods
• C. Substandard Quality
• D. All of above

Answer 1

The correct option is D All of above

By following way a consumer gets exploited by the manufacturer:-

• High Price- Very often traders charge high prices from their consumers than the prescribed retail price.
• Fake Goods- It may sometimes happen that traders sell fake or duplicate goods in the name of genuine goods.
• Substandard Quality- The traders may cheat the consumers by degrading the quality of the product and selling those in the market like expired products, defective items.