English

How Do the Manufacturers and Traders Exploit the Consumers? - Economics

Advertisements
Advertisements

Question

How do the manufacturers and traders exploit the consumers?

Solution

Trader and manufacturers exploit consumers in the following ways:

  • Sale of adulterated goods, i.e. addition of inferior substances to the product being sold is one of the ways to exploit consumers in the market.
  • Sale of sub-standard goods, i.e. sale of goods which do not confirm to prescribed quality standards.
  • Use of false weights and measures leading to underweight.
  • Supply of defective goods.
  • Misleading advertisements, i.e. advertisements falsely claiming a product or service to be of superior quality, grade or standard.
shaalaa.com
Awareness of Food Adulteration and Its Harmful Effects
  Is there an error in this question or solution?
2017-2018 (March) Set 1
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×