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Question
Explain Any Five Ways In Which Consumers Are Exploited In The Market
Explain Any Five Ways In Which Consumers Are Exploited In The Market
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Solution
The five ways in which consumers can be exploited in the market are:
- Supply of defective goods
- Sale of adulterated goods
- Use of false weighing scale, machines and other measures using tools
- Sale of sub-standard or goods that do not conform to the prescribed quality standards
- Advertisements falsely claiming a product or service to be of superior quality, grade or standard
The five ways in which consumers can be exploited in the market are:
- Supply of defective goods
- Sale of adulterated goods
- Use of false weighing scale, machines and other measures using tools
- Sale of sub-standard or goods that do not conform to the prescribed quality standards
- Advertisements falsely claiming a product or service to be of superior quality, grade or standard
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