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Shrinkflation

Authored by Aniko Nyilas

English

Professional Development

Used 1+ times

Shrinkflation
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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

For companies, shrinkflation can be a lifesaver. It helps them ............ raising prices when their costs go up, like when the price of chocolate or wheat spikes.

increase
reduce
avoid
maintain

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

But here's the catch – for us consumers, it's not always a sweet deal. We end up paying the same but getting less in return, which can be ................. .

preventive

opposing

averting

frustrating

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Besides, it can be a ........... way to hide inflation. Prices may seem stable, but if you're getting less in each package, it's like a stealthy price hike.

frank

trustworthy

sneaky

honest

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does all this mean? Well, it means we need to be ................ shoppers. Check the sizes and prices to make sure you're getting a fair deal.

ignorant

savvy

naive

kind

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

And companies, well, they've got to .................... between saving costs and keeping customers happy.

walk a fine line

hike a cool edge

stroll an elegant channel

parade an attractive band

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