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Smart Shopping

Quiz by Angela Millspaugh

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4 questions
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  • Q1

    Which is a want vs. need

    clothing

    food

    smartphone

    housing

    60s
  • Q2

    Select the answer that best describes what opportunity cost is:

    The benefit you gain by choosing one option vs another

    the amount of money a business makes each year

    the amount of money you put into savings every year.

    the trade-off of making one choice and giving up a different choice

    60s
  • Q3

    You are going to buy a computer, but first, you want to do some research to help you select the best model for your needs.   You should listen to a salesperson who makes a commission on the sale.  

    false
    true
    True or False
    60s
  • Q4

    Which is a variable expense for many adults?

    house payment

    car loan

    insurance

    Monthly cost of eating out

    60s

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