1.

“Two major problems faced by consumers are regarding quality and prices of the products.” Elaborate this statement with the help of any four examples each.

Answer»

Examples of consumers facing problems in quality of products are as follows

  • There is adulteration in the products.
  • The products are below the prescribed standards of quality.
  • The labels on the goods are either misleading or incomplete.
  • The weights or measures are actually less than the ones mentioned on the label. 

Examples of consumers facing problems in prices of products are as follows

  •  Shopkeepers charge higher prices than the Maximum Retail Price (MRP).
  • They sell loose items without labels or packages and charge arbitrary prices for loose items.
  • Poor quality goods are sold at the price of good quality popular brands.
  • Prices are not fixed and prices between two shops also vary.


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