This quiz works best with JavaScript enabled. Home > Economics > Consumer > Behavior > Consumerism – Quiz 8 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Consumerism Quiz 8 (30 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. The Right to Safety A) Ensures the airbags in my car won't go off at the wrong time. B) I can look at the reviews of a Restaurant on Yelp and see the Score the Health Department gave it. C) I can complain to the grocery store manager that I bought spoiled milk. D) The grocery store manager will replace the spoiled milk I bought with fresh. Show Answer Correct Answer: A) Ensures the airbags in my car won't go off at the wrong time. 2. What does PIN stand for? A) Personal Item Number. B) Personal Identification Number. C) Personal Item Name. D) None of above. Show Answer Correct Answer: B) Personal Identification Number. 3. Regular purchases that satisfy basic human necessities A) Risky purchases. B) Routine purchases. C) Impulse purcheses. D) Occasional purchase. Show Answer Correct Answer: B) Routine purchases. 4. Our consumer right to be heard ..... A) Means we can protest a company for its practices. B) Consumers have the right to have complaints heard by businesses. C) Companies cannot suppress consumer's concerns. D) Businesses by law, must respond to consumer complaints. Show Answer Correct Answer: B) Consumers have the right to have complaints heard by businesses. 5. The best way to utilize credit card spending is for borrowers to make the minimum monthly payment. A) FALSE. B) TRUE. Show Answer Correct Answer: A) FALSE. 6. Which country is the world's largest consumer? A) America. B) China. C) India. D) Russia. Show Answer Correct Answer: A) America. 7. EX.3 (Page 75). ARE THESE STATEMENTS "FACTS" OR "OPINIONS" .5.-It's best to borrow money from pessimists because they don't expect you to give it back. A) Opinion. B) Fact. Show Answer Correct Answer: A) Opinion. 8. Protection against hazardous products A) Right to safety. B) Right to be informed. C) Right to choose. D) None of above. Show Answer Correct Answer: A) Right to safety. 9. What is rational choice? A) Income remaining for a person to spend or save after all taxes have been paid. B) Money income a person has left to spend on extras after necessities have been bought. C) Choosing the alternative that has the greatest value from among comparable-quality products. D) Advertising that attempts to persuade consumers that a product is different from and superior to any other. Show Answer Correct Answer: C) Choosing the alternative that has the greatest value from among comparable-quality products. 10. In country A, families, when carrying out their consumption, behave in accordance with Engel's law. It can, therefore, be stated that the weight of food expenditure in total household consumption expenditure A) Remains the same as disposable income increases. B) Increases as disposable income increases. C) Decreases as disposable income increases. D) Remains the same as disposable income decreases. Show Answer Correct Answer: C) Decreases as disposable income increases. 11. Translate the word 'visiblemente' to English. A) Clearly. B) Obviously. C) Visibly. D) Visibly. Show Answer Correct Answer: C) Visibly. 12. Choose "True" or "False" as appropriate:Within the domestic free trade, the government is the figure that must function as a guarantor of property rights, consumer rights and compliance with legal contracts or agreements. A) True. B) False. Show Answer Correct Answer: A) True. 13. The bureau of standards responsibility is to: A) Conduct tests on products. B) Insist on good manufacturing practices. C) Maintain quality and careful labeling. D) All of the above. Show Answer Correct Answer: D) All of the above. 14. The ice cream shop A) The shoe store. B) The clothing store. C) The bakery. D) The ice cream shop. Show Answer Correct Answer: D) The ice cream shop. 15. What is a benefit of offering good customer service? A) Reduced tax. B) Repeat business. C) Lower Costs. D) None of above. Show Answer Correct Answer: B) Repeat business. 16. When having a disagreement with a customer, typically you should: A) Raise my voice slightly. B) Lower my voice to an ominous whisper. C) Raise my voice level markedly. D) Maintain a normal voice level. Show Answer Correct Answer: D) Maintain a normal voice level. 17. Having the opportunity to learn about topics like comparison shopping, consumer rights, etc. is an example of: A) Right to choose. B) Right to be informed. C) Right to consumer education. D) None of above. Show Answer Correct Answer: C) Right to consumer education. 18. ..... sometimes as much as half of the normal costs, they have substantial returns on their investment. A) Saving. B) Saves. C) The saving. D) Save. Show Answer Correct Answer: A) Saving. 19. Consumerism guaranteed that the wealth of a country will be spread evenly among its citizens. A) False. B) True. Show Answer Correct Answer: A) False. 20. True/False:Consumerism is how the customer/consumer feels about the product, and how it may impact their lives. A) False. B) True. Show Answer Correct Answer: B) True. 21. Which of the following describes the social nature of consumerism? A) Shopping for pleasure and luxury. B) Shopping to keep up with the trends. C) Shopping to make life easier. D) All of the above. Show Answer Correct Answer: D) All of the above. 22. The credit company can charge interest if the credit card bill is not paid in full by the due date A) True. B) False. Show Answer Correct Answer: A) True. 23. Provides a way for individuals to fight back against abusive business practices. A) Personal Rights. B) Consumer Rights. C) Business Rights. D) None of above. Show Answer Correct Answer: B) Consumer Rights. 24. Which would be the best term to express the following idea:To be able to pay something for a good or article A) To pick up. B) To afford. C) To snap up. D) To overcharge. Show Answer Correct Answer: B) To afford. 25. This type of store sells produces in commercial/restaurant size A) Farmer's market. B) Specialty. C) Warehouse. D) Outlet. Show Answer Correct Answer: C) Warehouse. 26. Stop something from existing A) Damage. B) Destroy. C) Reduce. D) None of above. Show Answer Correct Answer: B) Destroy. 27. I return (the suit)= A) I return. B) Sampling. C) I come back. D) I try. Show Answer Correct Answer: A) I return. 28. What does 'showcase' mean? A) To break a window intentionally. B) To clean windows using a squeegee. C) To display or showcase products in a store window or display case. D) To repair or fix a broken window. Show Answer Correct Answer: C) To display or showcase products in a store window or display case. 29. ..... promoted Americans to spend A) Nothing. B) Magazines. C) Everything. D) TV. Show Answer Correct Answer: C) Everything. 30. In "How Things Work, " what is the speaker saying about the things he buys? A) He buys things only for other people. B) He doesn't really need the things that he buys. C) Each thing he buys helps another person buy something. D) The things he buys cost too much. Show Answer Correct Answer: C) Each thing he buys helps another person buy something. ← PreviousNext →Related QuizzesConsumer QuizzesEconomics QuizzesConsumerism Quiz 1Consumerism Quiz 2Consumerism Quiz 3Consumerism Quiz 4Consumerism Quiz 5Consumerism Quiz 6Consumerism Quiz 7Consumerism Quiz 9 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books