This quiz works best with JavaScript enabled. Home > Economics > Consumer > Behavior > Consumerism – Quiz 34 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Consumerism Quiz 34 (30 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Campbell's specializes in producing soup as its major product line. However, consumers purchasing food items typically want to buy other things besides soup during a trip to the grocery store. This statement explains about ..... A) Discrepancy of assortment. B) Discrepancy of quantity. C) Spatial discrepancy. D) Temporal discrepancy. Show Answer Correct Answer: A) Discrepancy of assortment. 2. What happens if you use your credit card after you've already met your credit limit? A) Your bank will issue a bad check notice. B) Your card will get declined. C) The charge will go through anyway, you'll just be responsible to pay it back whenever you can. D) You will get a ticket. Show Answer Correct Answer: B) Your card will get declined. 3. What was the main product selling on Black Friday in 1998? A) Smartphones. B) Video games. C) Laptops. D) Furby dolls. Show Answer Correct Answer: D) Furby dolls. 4. Wich festivity is black friday related to? A) Christmas. B) Thanksgiving day. C) Valentine´s day. D) Saint patrick's day. Show Answer Correct Answer: B) Thanksgiving day. 5. You can ..... at the night market, but not at a supermarket! A) Rip off. B) Haggle or bargain. C) Buy for a steal. D) None of above. Show Answer Correct Answer: B) Haggle or bargain. 6. Which of the following is NOT a factor that influences buying decisions? A) Advertising. B) Favorite stores. C) Buying habits. D) Friends. Show Answer Correct Answer: B) Favorite stores. 7. What is the meaning of 'convenience'? A) The state of being able to proceed with something without difficulty. B) Needing much effort or skill to accomplish, deal with, or understand. Show Answer Correct Answer: A) The state of being able to proceed with something without difficulty. 8. ADVERTISING MUST BE TRUTHFUL AND NON DECEPTIVE AND ADVERTISER MUST HAVE EVIDENCE TO BACKUP THEIR CLAIMS. A) CONSUMER CREDIT PROTECTION ACT. B) CONTACT CONSUMER AGENCY. C) FAIR PACKAGING AND LABELLING ACT. D) TRUTH IN ADVERTISING LAW. Show Answer Correct Answer: D) TRUTH IN ADVERTISING LAW. 9. Which of the following is NOT considered a wise customer practice? A) Using a prepared shopping list. B) Always purchasing special offers. C) Reading labels carefully. D) Comparing prices in various stores. Show Answer Correct Answer: B) Always purchasing special offers. 10. Boycott means that consumers A) Stop buying a product. B) Buy more of a product. C) Buy the same amount of the product. D) None of the above. Show Answer Correct Answer: A) Stop buying a product. 11. Which of the following is NOT an example of consumerism? A) Advertising. B) Shop till you drop. C) Returning a malfunctioning phone. D) Donating clothes to the salvation army. Show Answer Correct Answer: D) Donating clothes to the salvation army. 12. Choose "True" or "False" as appropriate:For free external trade to be facilitated, countries never need to sign free trade agreements. A) True. B) False. Show Answer Correct Answer: B) False. 13. ..... is when a company with a monopoly colluding demand and exorbitant price for a product that consumer need. A) Price fixing. B) Predatory pricing. C) Dumping. D) Dividing territories. Show Answer Correct Answer: B) Predatory pricing. 14. 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. 15. 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. 16. 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. 17. An estimate of income and expenditure for a set period of time. A) Money. B) Stock Market. C) Savings. D) Budget. Show Answer Correct Answer: D) Budget. 18. Has the environment improved with economic expansion? A) Yes. B) No. Show Answer Correct Answer: B) No. 19. Which word means:to get rid of as useless? A) Rankle. B) Stale. C) Discard. D) Acrid. Show Answer Correct Answer: C) Discard. 20. We should ..... water. A) Sell. B) Save. C) Safe. D) None of above. Show Answer Correct Answer: B) Save. 21. What does discarded mean? A) To get rid of. B) To make rigid. C) To cause anger, irritation, or deep bitterness. D) To show eagerness to fight. Show Answer Correct Answer: A) To get rid of. 22. This refers to the tendency to consider material comfort as more important than non-material comfort A) Materialism. B) Consumerism. Show Answer Correct Answer: A) Materialism. 23. 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. 24. 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. 25. Net weight refers to: A) The weight in kilograms of the product. B) The weight in grams of the product. C) The actual weight of the contents minus any liquids. D) The the weight of the contents minus packaging. Show Answer Correct Answer: D) The the weight of the contents minus packaging. 26. 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. 27. That skirt is a real fashion ..... I don't think I've ever seen one like it before. A) Conscious. B) Follower. C) Clothes. D) Statement. Show Answer Correct Answer: D) Statement. 28. An act of giving one's public approval or support to someone or something. A) Value. B) Endorsement. C) Best Value. D) Support. Show Answer Correct Answer: B) Endorsement. 29. Dependence on something A) Addiction. B) Link. C) Distraction. D) None of above. Show Answer Correct Answer: A) Addiction. 30. What Latin phrase is taught to real estate agents to warn buyers about potential risks? A) To this. B) Carpe diem. C) In wine there is truth. D) Caveat emptor. Show Answer Correct Answer: D) Caveat emptor. ← PreviousNext →Related QuizzesConsumer QuizzesEconomics QuizzesConsumerism Quiz 1Consumerism Quiz 2Consumerism Quiz 3Consumerism Quiz 4Consumerism Quiz 5Consumerism Quiz 6Consumerism Quiz 7Consumerism Quiz 8 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books