Behavioral Economics

Behavioral Economics

12th Grade

12 Qs

quiz-placeholder

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Behavioral Economics

Behavioral Economics

Assessment

Quiz

Education

12th Grade

Hard

Created by

Alexuss Malone

Used 2+ times

FREE Resource

12 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following is an example of companies using FOMO as a digital marketing tactic?

  1. Offering a one-click buy button

Using a countdown sales timer

Using a countdown sales timer

  1. Emailing you a birthday coupon

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In March 2019, Instagram announced a brand new feature! What is it?


  1. You can now pay to keep your stories posted for a week

  1. You can now pay to become blue check verified

  1. You can now pay to remove all sponsored posts from your feed

  1. You can now pay for purchases within the app

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What does FOMO stand for?

  1. Fear of More Obligations

  1. Fear of Missed Opportunities

  1. Finding Our Magic Opportunity

  1. Fear of Missing Out

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What's one reason Instagram decided to let companies sell products to users within the app?

  1. Instagram wants big brands using the app, not individuals

  1. Instagram was bought by Facebook & this was part of the deal

  1. Instagram charges companies a selling fee

  1. Instagram is rebranding as a shopping platform

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Research shows that ____ of people make purchases because of FOMO.

  1. 25%

45%

60%

  1. 90%

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

According to a 2018 Survey, what percentage of U.S. teens say they are Instagram users?

  1. 89

  1. 72

  1. 65

48

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

People under the age of 30 make up _____ of all those who experience FOMO.

  1. 15% 

  1. 31% 

49%

56%

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