Consumers And Consumerism

10 Questions | Attempts: 240
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Economy Quizzes & Trivia

This quiz covers our economy, our consumer right and responsibilities, and the power of choice in using our resources.


Questions and Answers
  • 1. 

    Which of these is not privately owned?

    • A.

      The convenience store by your house.

    • B.

      The health department where you got a shot.

    • C.

      The bank where you have an account.

    • D.

      Sun Fresh grocery store

    • E.

      Your favorite radio station.

    Correct Answer
    B. The health department where you got a shot.
  • 2. 

    Which is an example of competition?

    • A.

      The gas station charges the same price as others on the street.

    • B.

      The gas station is owned by a local family.

    • C.

      The gas station only has regular gas and not any diesel.

    • D.

      The gas station offers a free soda if you buy more than 10 gallons.

    • E.

      The gas station has been open for 30 years.

    Correct Answer
    D. The gas station offers a free soda if you buy more than 10 gallons.
  • 3. 

    Supply is  

    • A.

      How much product you have on hand to sell

    • B.

      How much product you sold last month

    • C.

      How much product your mother says you need

    • D.

      How much product that was stolen last night

    • E.

      None of the above

    Correct Answer
    A. How much product you have on hand to sell
  • 4. 

    Is the bill you pay to the cell company for a good or a service?

    • A.

      Goods

    • B.

      Service

    Correct Answer
    B. Service
  • 5. 

    Is your cell phone a good or a service?

    • A.

      Goods

    • B.

      Services

    Correct Answer
    A. Goods
  • 6. 

    Is the food you eat at home goods or services?

    • A.

      Goods

    • B.

      Services

    Correct Answer
    A. Goods
  • 7. 

    Demand means

    • A.

      Nobody wants what you have a supply of

    • B.

      Writing a letter to get help with a problem

    • C.

      Starting a new business

    • D.

      Consumers who desire the goods or services you have

    • E.

      All of the above

    Correct Answer
    D. Consumers who desire the goods or services you have
  • 8. 

    What is the consumer right associated with using the product or service as it was designed to be used?

    Correct Answer
    to be safe, safety, safe
  • 9. 

    What is the consumer right means we have to act the consequences?

    Correct Answer
    right to choose, choice, choose, get to pick what we want, chose
  • 10. 

    If you make a complaint to a company you will always get what you demand.

    • A.

      True

    • B.

      False

    Correct Answer
    B. False

Quiz Review Timeline +

Our quizzes are rigorously reviewed, monitored and continuously updated by our expert board to maintain accuracy, relevance, and timeliness.

  • Current Version
  • Jan 17, 2013
    Quiz Edited by
    ProProfs Editorial Team
  • Aug 26, 2010
    Quiz Created by
    Clarkmom
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