Making Spending Decisions

Question 1

The advertisement is promoting a soft drink.

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It claims to be naturally delicious.

Question 2

conspicuousemotionalresearchwise

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conspicuous

Question 3

The chart shows pricing and payment options for three big items.

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taking out an installment plan

Question 4

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

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marginal cost

Question 5

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 6

Consumers usually save the most money on major purchases when they

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save up to pay with cash.

Question 7

Before Robert buys a new car, which questions should he ask himself? Check all that apply.Is this something I need?Will my friends like this?Is advertising influencing me?Will this help others in my family?Will I impress my coworkers?Am I considering my future needs?

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Is this something I need?; Is advertising influencing me?; Will this help others in my family?; Am I considering my future needs?

Question 8

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 9

When making a major purchase, people should

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consider their future needs.

Question 10

The chart shows the pricing history for two items.

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Marlene, who waited six months to buy a phone

Making Spending Decisions Answers

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