What is meant by consumer exploitation identify 3 factors which encour – InterviewSolution

1.	What is meant by consumer exploitation identify 3 factors which encourage to adopt unfair practices
Answer» (i) Lack of awareness among consumers. (ii) Limited COMPETITION, leading to consumers being FORCED to buy a certain product. (III) Some consumers are illiterate. (iv) Limited supply of goods, products or services, leading to shortages and black marketing. (V) Misleading advertising in the media.

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