Use app×
Join Bloom Tuition
One on One Online Tuition
JEE MAIN 2025 Foundation Course
NEET 2025 Foundation Course
CLASS 12 FOUNDATION COURSE
CLASS 10 FOUNDATION COURSE
CLASS 9 FOUNDATION COURSE
CLASS 8 FOUNDATION COURSE
0 votes
342 views
in Economics by (52.6k points)
closed by

Mention any two ways of exploitation of consumers in the market.

1 Answer

+1 vote
by (52.4k points)
selected by
 
Best answer

In the current scenario, the telecom industry is charging higher rates for the recharge the mobile. They are offering only unlimited packs and also consumer forced to buy mobile offer acquiring sim card, therefore, consumers are only allowed to choose what they offer. 

Another instance is that gas dealer forces the consumer that he has to buy the stove for buying the gas. Then consumer is said to be denied for the right to choose.

Welcome to Sarthaks eConnect: A unique platform where students can interact with teachers/experts/students to get solutions to their queries. Students (upto class 10+2) preparing for All Government Exams, CBSE Board Exam, ICSE Board Exam, State Board Exam, JEE (Mains+Advance) and NEET can ask questions from any subject and get quick answers by subject teachers/ experts/mentors/students.

Categories

...