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WorksheetsSmart Consumer Spending
Total questions: 11
Worksheet time: 6mins
Name
Class
Date
1.
What is a product that quickly wears out?
a)
Durable Good
b)
Consumable Good
2.
What are the steps in the planned buying cycle process? (correct order)
a)
Research, Buy, Evaluate Product, Write Review
b)
Research, Evaluate Budget, Prioritize Wants, Buy
c)
Prioritize Wants, Research, Evaluate Budget, Buy
3.
What type of product is bought with the intention of it lasting for a significant length of time?
a)
Consumable Good
b)
Durable Good
c)
Quality Good
4.
When you are considering making a purchase, you should always buy new so it lasts longer.
a)
True
b)
Fasle
5.
How do you know when a website is secure?
a)
If there is a badge at the bottom of the webpage
b)
If the address is "https" rather than just "http"
6.
You should go through the planned buying process (to some degree) with every single purchase you make.
a)
True
b)
False
7.
What purchasing options should you consider when shopping?
a)
New vs. Used
b)
When to buy
c)
Where to buy
d)
All are options to consider
8.
How do you calculate the cost per use for a product?
a)
total cost × times used
b)
total cost ÷ times used
c)
Cannot be determined
9.
Where can you find reviews on products?
a)
YouTube
b)
Amazon
c)
Consumer Reports Magazine
d)
All are great resources
10.
When reading reviews about a product, the more people that have reviewed the product the better.
a)
True
b)
False
11.
When considering purchasing a product, you should also consider:
a)
cost of ownership
b)
what you are giving up
c)
how you will pay for it
d)
you should consider all of these things
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