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Explain the ways by which people may be exploited in the market |
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Answer» r may be exploited in the market in the FOLLOWING ways :(a) Substandard quality : Selling of medicines beyond their expiry date, supply of defective home appliances etc. are the activities by traders in which they sell substandard quality of goods.(b) Higher prices : Traders sometimes CHARGE a price higher than the retail price (MRP).(c) Duplicate ARTICLES : Many false and duplicate products are being sold to the consumers.(c) Less measurement.(d) Under weighing goods.(f) Adulteration.(g) NEGLIGENCE in service |
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