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Question

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

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