Q.

What are the different forms of consumer exploitation?


see full answer

Start JEE / NEET / Foundation preparation at rupees 99/day !!

21% of IItians & 23% of AIIMS delhi doctors are from Sri Chaitanya institute !!
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.
Many manufacturers and merchants view markets as a way to make the biggest profits possible. In these marketplaces, there are several common forms of exploitation. Such unfair commercial tactics include selling goods at inflated costs, adulterating food, producing goods of significantly inferior quality than what is required, weighing goods less precisely than is necessary, and stockpiling and black marketing to inflate scarcity artificially. Many sectors also produce deceptive and dishonest advertising that does not deliver the promised service.
 
Watch 3-min video & get full concept clarity

tricks from toppers of Infinity Learn

score_test_img

Get Expert Academic Guidance – Connect with a Counselor Today!

whats app icon