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- 1. Multiple ChoiceIf you know the unit price of an item, you are better able to:compare prices of two brandsestimate how much you will needdetermine the total cost of the purchasefigure out the discount during a sale
- 2. Multiple ChoiceUnit pricing is one of the best tools a consumer can use for comparison shopping?TrueFalse
- 3. Multiple Choice
What is the unit cost if 5 boxes of cookies cost $6.25?
$1.50 per box
$1.25 for every box
$0.75 for each box
$0.80 per box
- 4. Multiple ChoiceEvaluating similar items to check quality and price is ....comparison shoppingimpulse buyingconsumerismstinginess
- 5. Multiple ChoiceMaking a sudden decision to buy something you didn't plan to buy is called ...comparison shoppingconsumerismimpulse buyingreckless shopping
- 6. Multiple Choice
What is the formula for unit pricing?
price/unit number = Unit Price (division)
unit number/price = Unit Price (division)
- 7. Multiple Choice
What's the better buy - $1.20 for 12 oz OR $1.50 for 16 oz?
$1.20
$1.50
They are equal
- 8. Multiple ChoiceWhich of the following is NOT a way to become an informed shopper?read labelsinspect quality of itemslook for warrantiesfind the cheapest brand
- 9. Multiple ChoiceCost and quality are directly related. If it costs a lot of money, it must be good!I’m not sureNot true! Sometimes cost has nothing to do with the quality of a productThis is always trueThis always false
- 10. Multiple ChoiceThe formula to find the unit price of an item is?Cost divided by the number of unitsCost multiplied by the number of units.The number of units divided by the number of ounces in the item.The number of units multiplied by the number of ounces in the item.
- 11. Multiple ChoiceIs buying cheaper always a better deal?AlwaysSometimesNever
- 12. Multiple Choice
Chicken tenders
$8.99 for 25 ounces
$0.40 per ounce
$0.25 per ounce
$0.36 per ounce
$0.52 per ounce
- 13. Multiple Choice
Angus choice steak
13.95 for 5 pounds
2.97 per pound
5.25 per pound
2.79 per pound
3.15 per pound
- 14. Multiple ChoiceWhat is opportunity cost?your choicewhat you give up to make a choice
- 15. Multiple ChoiceThe local government for a community must decide what to do with the sales tax collected. They could build a new skate park or they could buy more computers for the public library. The officials decide to build a skate park. What is the opportunity cost of their decision?new skate parkmore computers
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