Test: Chapter 22 – Making Consumer Decisions

Test: Chapter 22 – Making Consumer Decisions

Assessment

Flashcard

Business

9th Grade

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

Student preview

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29 questions

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1.

FLASHCARD QUESTION

Front

What is the definition of a consumer?

Back

Someone who selects, purchases, uses, and disposes of goods and services

2.

FLASHCARD QUESTION

Front

What is a budget?

Back

A plan specifying how money will be allocated or spent.

3.

FLASHCARD QUESTION

Front

What is a brand name?

Back

A trade name for a product or service produced by a specific company.

4.

FLASHCARD QUESTION

Front

What are generic products?

Back

Plainly labeled, unadvertised products sold at lower prices than brand-name goods

5.

FLASHCARD QUESTION

Front

Why might it be better to buy an air conditioner in the winter?

Back

Prices are lower because of decreased demand.

6.

FLASHCARD QUESTION

Front

What is one key difference between department stores and discount stores?

Back

Department stores sell goods at higher prices with more services.

7.

FLASHCARD QUESTION

Front

Which type of store carries a variety of goods but focuses on one or a few related product lines?

Back

Limited-line retailers

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