Banner 0
Banner 1
Banner 2
Banner 3
Banner 4
Banner 5
Banner 6

Q.

How are consumers exploited in the marketplace?


see full answer

Talk to JEE/NEET 2025 Toppers - Learn What Actually Works!

Real Strategies. Real People. Real Success Stories - Just 1 call away
An Intiative by Sri Chaitanya

a

By selling products at higher prices

b

By adulteration in products

c

Supply of defective products

d

All of the above 

answer is D.

(Unlock A.I Detailed Solution for FREE)

Ready to Test Your Skills?

Check your Performance Today with our Free Mock Test used by Toppers!

Take Free Test

Detailed Solution

Marketplaces exploit Consumers by selling them products at higher prices, degrading consequences, and supplying defective products.
Typically, consumers participate in market activities by paying for a finished good or service that meets their needs. But since they don't stand up for their consumer rights, they are taken advantage of in the marketplace. As consumers, we have the right to demand the proper amount, quality, and information on the goods, reasonable prices, etc., in exchange for our money. However, merchants and manufacturers routinely con them and threaten them. There are several methods to take advantage of a consumer. A vendor who inflates product pricing or supplies adulterated goods by giving the correct dosage or, occasionally, by giving faulty goods.
 
Watch 3-min video & get full concept clarity

Best Courses for You

JEE

JEE

NEET

NEET

Foundation JEE

Foundation JEE

Foundation NEET

Foundation NEET

CBSE

CBSE

score_test_img

Get Expert Academic Guidance – Connect with a Counselor Today!

whats app icon