Making Spending Decisions

Question 1

Consumers who agree to a "no interest” installment plan should be aware of

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the terms outlined in the paperwork.

Question 2

The graphic compares two basketball shoes.

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the Air Slammers because they are the best price

Question 3

What helps a consumer determine the quantity of something to buy?

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marginal cost

Question 4

Consumers usually save the most money on major purchases when they

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save up to pay with cash.

Question 5

Samantha has $200 to spend on school clothes. She can buy two designer blouses that all of her friends have, or she can buy four generic blouses for the same amount. She decides to buy the designer blouses.What is Samantha’s motivation behind buying the designer blouses?

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conspicuous consumption

Question 6

Which example could be considered a harmful spending motivation?

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buying something expensive in order to feel better

Question 7

The advertisement is promoting a soft drink.

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It claims to be naturally delicious.

Question 8

Raul needs to buy a computer for work. The first step in researching the product is to

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examine key features, such as how long it will last.

Question 9

When making a major purchase, people should

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consider their future needs.

Question 10

conspicuousemotionalresearchwise

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conspicuous

Making Spending Decisions Answers

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