Smart Consumer Review

Which of the following is an illegal practice?

• Marking Up to Mark Down

• Bait and Switch

• Loss Leaders

• Trading Up

Making sure that the factory in your town is a safe workplace for its workers is the responsibility of

• OSHA

• EPA

• FTC

• CPSC

Demanding a refund for a product that doesn't work involves the

• Right to Be Heard

• Right to Safety

• Right to Redress

• Right to Information

Which consumer protection agency regulates the commercials on tv and radio?

• the CFPB

• the EPA

• the FDA

• the FTC

Candy and chips at the checkout aisles in stores are an example of

• bait and switch

• impulse buys

• marking up to mark down

• trading up

The Jungle exposed

• deceptive sales practices

• fake medicines

• financial scams

• unsafe food handling

Making sure that tools people buy in stores have proper safety features is the responsibility of

• CPSC

• FDA

• FTC

• OSHA

The right to choose matters because

• competition between companies is good for customers

• customers should be free to do whatever they want

• customers need businesses and businesses need customers

• customers should *fix this*

Every time you make a choice, you give something up. The thing you give up is the

• law of demand

• monopoly

• opportunity cost

• shortage

The first consumer protection laws were passed

• over a hundred years ago

• about 80 years ago

• about 50 years ago

• at the founding of America