Unit rates and savvy shopping

What is a want (vs a need)?

• a written promise that a product will work

• something you need to survive

• a return of money

• something you would like but can do without

What is an exchange?

• take something back to the store and get money in return

• take it back to the store and get a new item

• take it back to the store

• Keep the item and get money back from the store

What is an impulse buy?

• Buying something without a lot of thought

• Buying something after you have considered your wants/needs and shopped carefully

You buy a phone. When you get it home, you decided you do not like it. You take it back to the store. The store gives you your money back that you paid for it.

What is this an example of?

• buying wisely

• making an exchange

• getting a refund

• being influenced by an ad

You see an ad for a pair of basketball shoes worn by an NBA star on a Snapchat commercial. You buy the pair of shoes.

This is an example of:

• using statistics to sell

• bandwagon

Which is the better per unit purchase:

7.5 ounces of potato chips for $3.99 or

16 ounces for $6.75?

• 7.5 ounces for $3.99

• 16 ounces for $6.75

What is the better per unit price:

3 twelve packs of Dr. Pepper for $18.89 or

1 twelve pack for $9.49?

• 3 twelve packs

• 1 twelve pack

Besides price, what other factors might you consider when buying food at the grocery store?

Include at least 2 other factors.