Class 10 Economics Chapter 3: Consumer Rights and Responsibilities
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Questions and Answers

What is the main focus of class 10 economics chapter 3?

  • Market competition
  • Consumer rights and responsibilities (correct)
  • Supply and demand
  • Labor market dynamics

    • Which concept is NOT covered in class 10 economics chapter 3?

  • Product safety standards
  • Monopoly power (correct)
  • Consumer protection laws
  • Business ethics

    • What is the purpose of studying consumer rights and responsibilities in economics?

  • To promote government intervention in the market
  • To increase business profits
  • To minimize competition among businesses
  • To protect consumers from unfair business practices (correct)

    • How does understanding consumer rights benefit individuals in the market?

    <p>By empowering them to make informed choices</p> Signup and view all the answers

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