What is a common problem faced by consumers?

Consumer Behavior and Payment Plans

Interactive Video
•
Business
•
9th - 10th Grade
•
Hard

Mia Campbell
FREE Resource
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10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
They have too much money.
They cannot find anything to buy.
They want items they cannot afford.
They dislike shopping.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is an example of an expensive item consumers might want?
A loaf of bread
A luxury car
A cup of coffee
A pair of socks
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What challenge do retailers face when selling products?
Their products are too cheap.
They have no products to sell.
Consumers cannot afford their products.
They have too many customers.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a typical consumer behavior regarding money?
Saving large sums quickly
Donating to charity
Spending money quickly
Investing in stocks
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a common misconception about affording expensive items?
They are not desirable.
They are always on sale.
They require a large sum of money upfront.
Everyone can afford them easily.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a solution to the problems faced by both consumers and retailers?
Increasing product prices
Purchasing on terms or payment plans
Reducing product quality
Eliminating all sales
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is another term for purchasing on terms?
Leasing
Buying outright
Financing
Renting
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