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What are the types of consumer exploitation?

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Question

What are the types of consumer exploitation?

Options

  • Underweighing 

  • Charging fair prices 

  • Overcharging 

  • Appropriate advertisement 

MCQ
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Solution

Underweighing and Overcharging 

Explanation:

Consumers are exploited in several ways, such as the following:

  1. Underweighing - giving less weight or quantity.
  2. Overcharging - charging unjustified high prices.
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Types of Consumer Exploitation
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