Importance. Consumer information is the most important element for consumer protection and policy decisions. ... Being an informed consumer is advantageous to the economy, market and consumers. An informed consumer is capable of making sensible decisions by gaining an insight about a product prior to its purchase.
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Answer:
Importance. Consumer information is the most important element for consumer protection and policy decisions. ... Being an informed consumer is advantageous to the economy, market and consumers. An informed consumer is capable of making sensible decisions by gaining an insight about a product prior to its purchase.
Explanation:
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