Economics Ch. 3

Ads that say low price, then try to sell you a much higher priced item is called 

 Four factors that affect a person's earning power are education, experience, occupation and 

Your consumer responsibilities include keep records, stay calm, and

Mrs. Reaper likes to spend some of her discretionary money on

A movement to educate buyers about their purchases is

Selecting the alternative with the greatest perceive value is

A general name for a product is called

A misleading advertising practice is

A picture on a product that helps identify it from similar products is 

Your consumer rights are protected by the FDA, CPSC, and

Consumerism movement began with legislation by President Kennedy in

The more shopping you do for different products over time, the better this will be:

Money left over after paying all taxes is called

Money left over to spend on extras after purchasing necessities is called

Your consumer rights are protected by government agencies, legislators, and

The more of this you collect, the more informed you will be about the product you want to buy:

Doing what is right even though no one is watching is called

The value of the next best alternative choice that you did not make is called

A promise made by a manufacturer or seller to replace a faulty product is

Your consumer rights are to be informed, to choose, to redress and