
EPF Consumer Skills
Authored by Lauren Bane
Life Skills
7th - 8th Grade
Used 3+ times

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19 questions
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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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