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WorksheetsPF Chapter 3 Review
Total questions: 8
Worksheet time: 4mins
True or false: Businesses need a normal profit to stay in business?
true
false
Overspending is a problem that occurs when consumers are economizing?
true
false
the Federal trade commission (FTC) is a the federal clearinghouse for complaints of identity theft
true
false
Repair shops often use a deceptive tactic known as bait and switch.
true
false
When you have a complaint or need to solve a problem with a business, seeking legal action should be a last resort.
true
false
which of the following occurs when people buy products based on a desire rather than logic?
rational buying
emotional buying
impulse buying
economizing
Which of the following selling strategies is a form of direct advertising?
social media
customer loyalty programs
display advertising
telemarketing
An increase in the general level of prices for goods and services
inflation
markup
deflation
deception
