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Question

How are consumers exploited in the Marketplace explain?


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Solution

Answer:

The below standpoints manipulate consumers on the market.

  • Illiteracy causes ignorance that contributes to consumer exploitation.
  • Sellers often confuse customers by presenting inaccurate product data such as cost, quality, expiry date, adverse effects, manufacturer date, and so on.
  • The vendors have sold duplicate and expiry date goods in many stores.
  • Whenever the product or service allegation is made, the sellers attempt to transfer all responsibility to the customers.

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