This quiz works best with JavaScript enabled. Home > Consumer > Behavior > Consumerism – Quiz 54 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Consumerism Quiz 54 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. ..... is when a company with a monopoly colluding demand and exorbitant price for a product that consumer need. A) Price fixing. B) Dumping. C) Predatory pricing. D) Dividing territories. Show Answer Correct Answer: C) Predatory pricing. 2. Having a reputation for being fair, respectful, and ethical is important for consumer services workers. A) TRUE. B) FALSE. Show Answer Correct Answer: A) TRUE. 3. That designer bag was ..... she couldn't resist buying. A) A rip off. B) A bargain. C) A retailer's trick. D) None of above. Show Answer Correct Answer: B) A bargain. 4. Deliberate deception, designed to secure unfair or unlawful gain. A) Cease and desist order. B) Limited warranty. C) Fraud. D) None of above. Show Answer Correct Answer: C) Fraud. 5. An estimate of income and expenditure for a set period of time. A) Savings. B) Budget. C) Stock Market. D) Money. Show Answer Correct Answer: B) Budget. 6. Has the environment improved with economic expansion? A) Yes. B) No. Show Answer Correct Answer: B) No. 7. Which word means:to get rid of as useless? A) Rankle. B) Stale. C) Discard. D) Acrid. Show Answer Correct Answer: C) Discard. 8. We should ..... water. A) Sell. B) Save. C) Safe. D) None of above. Show Answer Correct Answer: B) Save. 9. What does discarded mean? A) To make rigid. B) To get rid of. C) To show eagerness to fight. D) To cause anger, irritation, or deep bitterness. Show Answer Correct Answer: B) To get rid of. 10. This refers to the tendency to consider material comfort as more important than non-material comfort A) Consumerism. B) Materialism. Show Answer Correct Answer: B) Materialism. 11. When a product has been sold it is said that it is: A) Finish. B) Sold out. C) Return. D) None of above. Show Answer Correct Answer: B) Sold out. 12. Sometimes a guarantee/warranty is limited to ..... A) Specific conditions. B) A specified length of time. C) Certain parts. D) All of these. Show Answer Correct Answer: D) All of these. 13. Net weight refers to: A) The actual weight of the contents minus any liquids. B) The weight in grams of the product. C) The the weight of the contents minus packaging. D) The weight in kilograms of the product. Show Answer Correct Answer: C) The the weight of the contents minus packaging. 14. Many environmentally friendly products, such as organic foods and "green" cleaning supplies, were created in response to A) Government legislation. B) Consumer demand. C) Both A and B. D) Neither A nor B. Show Answer Correct Answer: B) Consumer demand. 15. That skirt is a real fashion ..... I don't think I've ever seen one like it before. A) Statement. B) Conscious. C) Clothes. D) Follower. Show Answer Correct Answer: A) Statement. 16. An act of giving one's public approval or support to someone or something. A) Value. B) Endorsement. C) Support. D) Best Value. Show Answer Correct Answer: B) Endorsement. 17. Dependence on something A) Addiction. B) Link. C) Distraction. D) None of above. Show Answer Correct Answer: A) Addiction. 18. What Latin phrase is taught to real estate agents to warn buyers about potential risks? A) In wine there is truth. B) Caveat emptor. C) Carpe diem. D) To this. Show Answer Correct Answer: B) Caveat emptor. 19. First outdoor shopping center was built in ..... A) 1952. B) 1949. C) 1955. D) 1951. Show Answer Correct Answer: D) 1951. 20. This refers to the right to complain for misrepresentation, shoddy goods or unsatisfactory services. A) Choose. B) Safety. C) Redress. D) Information. Show Answer Correct Answer: C) Redress. ← PreviousNext →Related QuizzesConsumer QuizzesConsumerism Quiz 1Consumerism Quiz 2Consumerism Quiz 3Consumerism Quiz 4Consumerism Quiz 5Consumerism Quiz 6Consumerism Quiz 7Consumerism Quiz 8Consumerism Quiz 9 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books