Question

Explain any three types of consumers exploitation in the market.

Answer 1

• Underweight and Under-measurements :- The goods being sold in the market are sometimes not measured or weighed correctly.
• Sub-standard Quality :- The goods sold are sometimes of sub-standard quality. Selling of consumables beyond their expiry dates and supply of deficient or defective home appliances are generally the regular grievances of consumers.
• High Prices :- Very often the traders charge a price higher than the prescribed retail price.
• Duplicate Articles :- In the name of genuine parts or goods, fake or duplicate items are being sold to the consumers.
• Adulteration and Impurity :- In costly edible items, such as oil, ghee and spices, adulteration is made in order to earn higher profits. This causes heavy loss to the customers; they suffer from monetary loss as well as spoil their health.