Consumer Awareness Quiz
Authored by Jory House
Life Skills
9th - 12th Grade
CCSS covered
Used 2+ times
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20 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What concept is best explained by the statement, ʺMoney spent here cannot be spent thereʺ?
Law of diminishing return
Opportunity cost
Significant Purchase
Delayed Gratification
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Identify which method companies are using to compete for your money: Reputation for holding its value
Personal Selling
Product Positioning
Financing
Media
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An amount of money you spend, usually $300, that causes some pain to part with
Opportunity Cost
Significant Purchase
Financing
Budget
Tags
CCSS.RI.8.2
CCSS.RL.11-12.2
CCSS.RL.8.1
CCSS.RL.9-10.2
CCSS.RL.7.2
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Young single adults should find an accountability partner with whom to discuss big purchases.
True
False
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Repetition has proven to be an effective marketing technique.
True
False
Tags
CCSS.RI. 9-10.8
CCSS.RI.11-12.5
CCSS.RI.11-12.8
CCSS.RI.9-10.5
CCSS.RI.8.5
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Dave tells the story of a man who bought his dream car, drove it home, but then returned it the next day after some money calculations. This story is an example of:
Brand Recognition
"Be backs" in the car business
Buyer's remorse
Opportunity Cost
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A good salesperson will answer a question with a...
Question
Answer
Truth
Lie
Tags
CCSS.RL.2.6
CCSS.RL.8.3
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