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Consumer organisations give information about prices and market trends in order to:

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Question

Consumer organisations give information about prices and market trends in order to:

Options

  • Increase the profits of manufacturers

  • Help traders charge higher prices

  • Protect consumers from cheating

  • Promote the sale of particular brands

MCQ
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Solution

Consumer organisations give information about prices and market trends to protect consumers from cheating. When consumers know prevailing prices and trends, traders cannot mislead or overcharge them easily.

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