CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
881
You visited us 881 times! Enjoying our articles? Unlock Full Access!
Question

While travelling to her home, Ritika saw an advertisement mentioning a "Limited Period Offer".

Identify the type of exploitation she suffered.

A
Misinforming about ingredients
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
Adulterating of product
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
Limiting the supply of goods and services
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
D
Selling sub-standard products
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is C Limiting the supply of goods and services
The advertisements that say “Limited Period Offer” create a sense of scarcity or urgency among consumers and persuade them to buy these products. By limiting the supply of goods and services, they make people believe that something is scarce. Sub-standard products have packaging, names, and logos so similar to the original brand that it is hard to differentiate.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Understanding the Economy
STATISTICS
Watch in App
Join BYJU'S Learning Program
CrossIcon