economicsTo become a well-informed consumer, a person should know their ____.

To become a well-informed consumer, a person should know their ____.


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    Solution:

    To become a well-informed consumer, a person should know their responsibilities.
    A person should know their responsibilities to become a well-informed consumer. The responsibilities include being more alert and questioning the prices, quantity, and quality provided by the sellers and manufacturers. Consumers should buy quality products that provide quality standards and value for money. These standards or marks were introduced by the Bureau of Indian Standards (BIS), which provides an assessment tool to ensure the quality of the products bought and services used. These provide a visual and easily identifiable product that originated from a reliable source. Some of the major marks are ISI, AGMARK, Vegetarian and Non-Vegetarian marks, etc.
     
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