Question
“Consumer awareness is essential to avoid exploitation in the market place.” Support the statements.

Answer

Yes, it is true to say that Consumer awareness is essentialto avoid exploitation in the market place. When a consumer is aware about the happenings and the ways of exploitation in the market then they can save themselves from such exploitation.
For example: the consumers should be aware of their rights, they should know about the logos, informations on the packets, bargain on MRP and so on.

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