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Explain any three ways how consumers are exploited by the retailers.

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Question

Explain any three ways how consumers are exploited by the retailers.

Explain
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Solution

  1. Under-weighing or Under-measuring: When retailers use inaccurate weights or modify measuring scales, they provide customers with fewer goods than they paid for.
  2. Overcharging: Shopkeepers frequently charge a greater price than the printed Maximum Retail Price (MRP) or the current market rate, capitalising on the consumer’s urgent need or lack of information.
  3. Selling Adulterated or Defective Goods: Retailers sell poor quality goods, expired commodities, or products contaminated with inferior substances (adulteration), which can result in financial loss and health risks for the consumer.
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Chapter 14: Consumer Awareness - Exercise [Page 261]

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Goyal Brothers Prakashan Economics [English] Class 10 ICSE
Chapter 14 Consumer Awareness
Exercise | Q 6. (ii) | Page 261
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