Economics Today and Tomorrow, Student Edition
1st Edition
ISBN: 9780078747663
Author: McGraw-Hill
Publisher: Glencoe/McGraw-Hill School Pub Co
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Expert Solution & Answer
Chapter 3.3, Problem 2R
Solution
Example of consumer rights given below are to be explained.
Consumer Rights | Example |
Right to safety | If the person went to the market to buy a pressure cooker. In that there is a valve. If the valve is defective then it would lead to serious injury or accident of a person. So, the person should know about the quality of the product. |
Right to be informed | A person went to buy a cooking oil. The consumer should know the ingredients used in a product being purchased. He should know the amount of cholesterol used and other ingredients. |
Right to choose | When a consumer went to the super market . The consumer has a choice to choose different products like wheat , cereals , pulses from that of their choice. |
Right to be heard | If the consumer has bought mixer grinder from the market but it was come out to be of low quality then customer can complaint about it and its complaint should be heard by the authorities. |
Right to compensation | If a person has bought an item related to glass and it leads to any kind of physical or financial damage to a person then the person can claim for the compensation either in money or goods. |
Chapter 3 Solutions
Economics Today and Tomorrow, Student Edition
Ch. 3.1 - Prob. 1RCh. 3.1 - Prob. 2RCh. 3.1 - Prob. 4RCh. 3.2 - Prob. 1RCh. 3.2 - Prob. 2RCh. 3.2 - Prob. 3RCh. 3.2 - Prob. 4RCh. 3.3 - Prob. 1RCh. 3.3 - Prob. 2RCh. 3.3 - Prob. 3R
Ch. 3.3 - Prob. 4RCh. 3.3 - Prob. 5RCh. 3 - Prob. 1AACh. 3 - Prob. 2AACh. 3 - Prob. 3AACh. 3 - Prob. 4AACh. 3 - Prob. 5AACh. 3 - Prob. 6AACh. 3 - Prob. 7AACh. 3 - Prob. 8AACh. 3 - Prob. 9AACh. 3 - Prob. 10AACh. 3 - Prob. 11AACh. 3 - Prob. 12AACh. 3 - Prob. 13AACh. 3 - Prob. 14AACh. 3 - Prob. 15AACh. 3 - Prob. 16AACh. 3 - Prob. 17AACh. 3 - Prob. 18AACh. 3 - Prob. 20AACh. 3 - Prob. 21AACh. 3 - Prob. 22AACh. 3 - Prob. 23AACh. 3 - Prob. 24AA
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