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Why is consumer protection considered necessary in the modern competitive market?
Why is consumer protection considered necessary in the modern competitive market?
- To allow consumer participation in decision making (correct)
- To increase the complexity of the market
- To reduce the influence of consumer organizations
- To eliminate competition among businesses
What is a major challenge in establishing direct contact between consumers and manufacturers?
What is a major challenge in establishing direct contact between consumers and manufacturers?
- Manufacturers' reluctance to communicate with consumers
- Lack of consumer interest in contacting manufacturers
- Consumers living in a dynamic and complex world (correct)
- Consumers' preference for imported products
Why is it difficult for consumers to obtain information in today's markets?
Why is it difficult for consumers to obtain information in today's markets?
- Consumer organizations restrict access to information
- Markets are full of domestic and imported products (correct)
- Consumers have no interest in obtaining information
- Manufacturers refuse to provide information to consumers
What role does consumer protection play in the market?
What role does consumer protection play in the market?
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Why are strong consumer organizations important in the context of consumer protection?
Why are strong consumer organizations important in the context of consumer protection?
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