Question

Explain Any Five Ways In Which Consumers Are Exploited In The Market

Answer 1

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