Consumer Exploitation Some of the ways in which consumers are being exploited are enumerated hereunder: . Selling at Higher Price The price charged by the seller for a product service may not be commensurate with the quality but at times it is more than the fair price. Even though sellers have surplus or adequate goods they create artificial scarcity in the market with an intent to push up the prices. As a result, consumers are forced to buy the short supply of goods at higher prices in the black market.
. Adulteration It refers to mixing or substituting undesirable material in food. This causes heavy loss to the consumers. This will lead to monitory loss and spoil the health.
But adulterators make illegitimate profit while prudent businessmen aim at normal profit whenever unscrupulous traders seek to reap higher profit out of greed, they seek to adulterate the products. Adulteration is quite common in food articles. It is a crime which cannot be pardoned as it spoils the very health of consumers. FENNEL SEEDS CUMIN SEEDS PURE ADULTERATED PURE ADULTERATED 12th Commerce Unit - - .
. AM Example: . Chemicals, detergent chalk, urea caustic soda, etc. are added to make the milk dense and white.
. Mixing of stones with grains . Mixing of coconut oil with palmolein . Honey is adulterated with water and table sugar to enhance the quantity .
powdered rice/wheat is adulterated with starch . Coffee powder is adulterated with tamarind seed . Spices like turmeric powder is adulterated with methanol . Papayas seed is added to black pepper .
Chilli powder is adulterated with brick powder . Duplicate or Spurious goods Duplicate products of popular products are illegally produced and sold. Duplicates are available in plenty in the market for every original and genuine parts or components like automobile spare parts, blades, pens, watches, radios, medicines, jewellery, clothes and even for currency notes. Duplicate medicines are sold in large measure, from Cape to Kashmir.
A consumer is not in a position to distinguish duplicate from the original. . Artificial Scarcity There are certain situations