Consumer Rights Answers

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2
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The following chart shows a store’s coat sales for two years.

Question illustration
A
Sales of parkas increased 65.2 percentage points faster than sales of raincoats.
B
Sales of parkas increased 1.5 percentage points faster than sales of raincoats.
C
Sales of raincoats increased 89.1 percentage points faster than sales of parkas.
D
Sales of raincoats increased 49.0 percentage points faster than sales of parkas.
3

[BLANK]

A
healthy
B
free
C
stable
4

How do the choices consumers make impact business decisions?

A
Businesses are run by consumers, so the choices those consumers make will find their way into business decisions.
B
Businesses can track the trends of what consumers are and are not buying, and will attempt to cater to the desires of those who provide them with profits.
C
The government mandates that businesses respond promptly to the preferences of the market.
D
Businesses, like consumers, tend to follow fads and trends, so setting trends can cause businesses to follow along.
6

Which of the following functions is most closely connected with the FDA?

A
regulating markets and preventing monopolies
B
enforcing truth in advertising
C
protecting the public from unsafe medicines and foods
D
using monetary policy to prevent inflation
7

What consumer protection agency is known by the acronym FTC?

A
Federation of Traders and Consumers
B
Foreign Tariff Committee
C
Federal Trade Commission
D
Fair Trade Community
8

Which of the following is not one of the eight recognized consumer rights?

A
right to the satisfaction of basic needs
B
right to simplicity
C
right to a healthy environment
D
right to be informed
9

Which of the following is not a basic consumer right?

A
The right to safety
B
The right to be informed
C
The right to a refund
D
The right to a healthy environment
10

Which two consumer rights would customers depend on when returning a damaged item for a refund?

A
the right to be heard and the right to choose
B
the right to choose and the right to safety
C
the right to be heard and the right to redress
D
the right to safety and the right to be heard

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