Spending

Spending

Assessment

Assessment

Created by

Fabiano Souza

Other

9th - 12th Grade

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10 questions

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1.

Multiple Choice

45 sec

1 pt

Which strategy best helps a famous brand company reach consumers?

advertising nationally

marketing selectively

2.

Multiple Choice

45 sec

1 pt

Which activity is done in Step 2 of comparison shopping?

Assess the purchase objectively.

Buy a product.

3.

Multiple Choice

45 sec

1 pt

What is the purpose of comparison shopping?

attempting to find the best deal on a product

reading reviews to make sure a product is good

4.

Multiple Choice

45 sec

1 pt

Why do prices increase when demand for a product is high?

Companies know that people will be willing to spend more to get an in-demand product.

Companies DO NOT know that people will be willing to spend more to get an in-demand product.

5.

Multiple Choice

45 sec

1 pt

At what point does buying in bulk stop being a wise spending choice?

when the consumer buys more than is needed

when the consumer DO NOT buys more than is needed

6.

Multiple Choice

45 sec

1 pt

Why might people choose to rent a home rather than buy a home?

They may be relocated for a job

They may NOT be relocated for a job

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