Factors exploiting consumers in the marketplace.
explain
Share
Factors exploiting consumers in the marketplace.
explain
Sign Up to our social questions and Answers Engine to ask questions, answer people’s questions, and connect with other people.
Login to our social questions & Answers Engine to ask questions answer people’s questions & connect with other people.
Verified answer
Answer:
Reasons or factors causing exploitation of consumers are: (1) Limited information (2) Limited supplies (3) Limited competition (4) Low literacy (5) Lack of bargaining power (6) Irregular prices offered (7) Misleading advertisements (8) Lack of unity and (9) Cumbersome and time taking legal proceedings.
Explanation:
Hope this help you
[tex] \huge \sf{ \underline{Answer :-}}[/tex]
Reasons or factors causing exploitation of consumers are: