EPF Consumer Skills

EPF Consumer Skills

7th - 8th Grade

19 Qs

quiz-placeholder

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EPF Consumer Skills

EPF Consumer Skills

Assessment

Quiz

Life Skills

7th - 8th Grade

Easy

Created by

Lauren Bane

Used 3+ times

FREE Resource

19 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Define impulse buying:

Making thorough consumer decisions

Purchasing clothes only

Rational buying

Unplanned buying with little consideration

2.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Which of the following is not a characteristic of comparison shopping?

Emotional buying

Includes careful consideration

Evaluate product’s features and quality

Long‐term satisfaction in quality of product

3.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Define opportunity cost

Something an individual gives up to receive another

Looking at other people’s point of view

Balancing ones’ financial accounts according to available opportunities

Paying less for specific opportunities such as a sale

4.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Comparison Shopping:

Step ______: Decide exactly what is needed before shopping.

One

Two

Three

Four

Five

5.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Comparison Shopping:

Step ______: What is the quality of the products I am comparing?

One

Two

Three

Four

Five

6.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Comparison Shopping:

Step ______: What is the total cost?

One

Two

Three

Four

Five

7.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Comparison Shopping:

Step ______: How will the product be used?

One

Two

Three

Four

Five

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