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...Because consumers are not well aware of their rights, then they get exploited.
Whenever firms follows false illegal and corrupt trade policies they inspires the consumers to buy their products through wrong way. and firms wants to sell there's products by all possible means.
Firms can assume black marketing or hoarding wherein the pile up stocks in order to create deficiency of a certain commodity in the economy which ultimately increases the price. that's why consumer exploited ....Satish Rahta shimla Reliance customer service
Wiki User
∙ 13y ago
Wiki User
∙ 9y agoSometimes retailers may up the price of an item when the demand is high. Some people may see this as consumers being exploited.
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Case study on monopoly market structure?
A case study on monopoly market structure indicates a number of things. In most cases, consumers are exploited as they do not have any alternative in a monopoly market.
Introduction for consumer awareness?
Consumers are always exploited by traders and sellers. Consumer awareness is needed to prevent the exploitation of consumers by traders and manufacturers. Consumers must also be made aware of their rights and duties.
How were the Indians economically exploited by the British?
The Indians were exploited in many ways. The British put a tax on salt which is needed desprately in their climate.
Ways by which people may be exploited in market?
adulteration
What is the effect of consumer awareness in the Indian economy?
In cities consumer awareness is seen but very less,the people of cities know their rights and most of them are not exploited but in rural areas peoples are exploited and hence no effect is seen.
What are the objective of consumerism Nigerian?
The objective of consumerism in Nigerian economy is to ensure that consumers are not exploited. This seeks to protect the interests of the consumers in the market.
What is the needs of consumer?
Consumers are always exploited by traders and sellers. Consumer awareness is needed to prevent the exploitation of consumers by traders and manufacturers. Consumers must also be made aware of their rights and duties.
When was The Exploited created?
The Exploited was created in 1979.
Are there benefits to competition?
There are so many benefits that are associated with competition in a market. Some of the main benefits include quality products, competitive prices, consumers are not exploited and so much more.
What has the author Marion Giordan written?
Marion Giordan has written: 'How to be exploited' -- subject(s): Consumer protection, Consumers 'The consumer jungle' -- subject(s): Consumer complaints, Consumer protection
Case study on monopoly market structure?
A case study on monopoly market structure indicates a number of things. In most cases, consumers are exploited as they do not have any alternative in a monopoly market.
What is an example sentence for exploited?
The US Banking System has exploited taxpayers.
What was the impact of the consumer protection movement?
The Consumer Protection Movement stemmed from the idea that consumers were being exploited by business movement. The movement occurred in India and helped produce the Consumer Protection Act of 1986.
How are different workers exploited?
They can be exploited by being underpaid or being overworked.
Introduction for consumer awareness?
Consumers are always exploited by traders and sellers. Consumer awareness is needed to prevent the exploitation of consumers by traders and manufacturers. Consumers must also be made aware of their rights and duties.
Are the natural resources of Romania effectively exploited?
Only some natural resources are exploited.
How is cell phone being exploited?
It is being exploited in a bad way that needs to stop.
