Spending example #3669

14 December 2023
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14 test answers

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question
Which strategy best helps a company reach their consumers?
answer
national advertisement
question
It might cost less to purchase a new car rather than a used car because
answer
used cars are more likely to need repairs.
question
Mr. and Mrs. Atoll are planning a party for 10 people and want to make sure they have enough soda for everyone to have two bottles. Which of the following makes the most economic sense?
answer
one case of 24 sodas at $18.50
question
Which is the best question to ask when deciding whether to lease or buy a car?
answer
NOT How much will I use the car?
question
A monthly fixed rate mortgage payment
answer
NOT could change.
question
The most economical way to purchase large items, such as furniture, is to buy with ____________
answer
cash
question
Which statements apply to leasing a car? Check all that apply.
answer
3.4.5
question
Advertising is used mainly to
answer
influence consumer tastes.
question
Read the scenario. Raoul is heading to college and needs a reliable car. He has a steady part-time job that he can keep while in school, and he likes to change things up every now and then. However, he will not have a lot of extra money to spend on repairs and maintenance on his car. Based on this scenario, Raoul should
answer
lease a new car.
question
Why do prices increase when demand for a product is high?
answer
Companies know that people will be willing to spend more to get an in-demand product.
question
Which statements apply to financing contracts? Check all that apply.
answer
1.3.
question
For which product(s) would it be most beneficial to wait before buying?
answer
smartphone
question
What is the purpose of comparison shopping?
answer
attempting to find the best deal on a product
question
Building equity in a home is a good thing because
answer
equity in a home increases the homeowner's assets.