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Checking the price at more than one store
What is comparison shopping?
Nike, Campbell’s, and Pepsi
What are brands?
Consumer Bill of Rights was created by …
Who is JFK?
A person who purchases/uses goods and services
Who is a consumer?
Non Profit organization that collects info on local businesses and handle complaints
What is the BBB?
The USDA gives foods and meats a _________
What is a grade?
Reduce, reuse, ________
What is recycle?
Process of preserving, protecting and managing resources
What is conservation?
Operating without competition is an example of a _____
What is a monopoly?
The value of any alternative that you give up when you buy something else
What is opportunity cost?
Attached to or printed on an item and provides useful information
What is a label?
Price per pound Price per gallon
What is unit price?
Used to clear merchandise that stores no longer wish to stock
What is a clearance sale?
Stores that emphasize lower prices on their products
What is a discount store?
A large full-service store that carries a wide variety of products
What is a supermarket?
Small store that emphasizes sale of food items and convenient locations
What are convenience stores?
Attractive display near the checkout can lead to this
What is impulse buying?
False information is given to a customer in order to make a sale
What is fraud?
A promise by the manufacturer or dealer; that a product is of a certain quality
What is a guarantee?
Brand name products generally cost more because they have to pay for this
What is advertising?
Small claims court is often a cost effective solution because you don’t need one of these
What is a lawyer?
These items don’t make money, but are used to get people in the store
What is a loss leader?
You travel 1600 miles in 4 hours, how many miles per hour were you going?
What is 400?
You score 96 points in 6 games, how many points per game did you score?
What is 16?
Which is cheaper? $1.69 for 15oz or $2.99 for 30 oz
What is $2.99 for 30 oz ?