Consumer Rights

Question 1

How do the choices consumers make impact business decisions?

Revolt · Accepted Answer

Businesses can track the trends of what consumers are and are not buying, and will attempt to cater to the desires of those who provide them with profits.

Question 2

Of the four consumer protection groups listed below, identify which groups are government agencies and which are non-governmental.I. Better Business BureauII. Consumer Product Safety CommissionIII. Consumers UnionIV. Food and Drug Administration

Revolt · Accepted Answer

II and IV are governmental; I and III are not.

Question 3

Of the four consumer protection groups listed below, identify which groups are government agencies and which are non-governmental.I. Better Business BureauII. Consumer Product Safety CommissionIII. Consumers UnionIV. Food and Drug Administration

Revolt · Accepted Answer

II and IV are governmental; I and III are not.

Question 4

Which two consumer rights would customers depend on when returning a damaged item for a refund?

Revolt · Accepted Answer

the right to be heard and the right to redress

Question 5

The chart below shows one store's sales of computers, listed by model. If the changes in sales between May and June continue at the same rate, what will be the percent change in total computer sales from June to July? (Round your answer to the nearest tenth.)

Revolt · Accepted Answer

17.1%

Question 6

Which agency is responsible for promoting the welfare and opportunities of wage earners?

Revolt · Accepted Answer

DOL

Question 7

The following chart shows a store’s coat sales for two years. Identify the percent increase in total sales and the percent increase in sales of trench coats. Then find which percent of increase is greater and by how much greater it is than the other. (Round your answer to the nearest tenth.)

Revolt · Accepted Answer

Sales of trench coats increased 8.3 percentage points faster than total coat sales.

Question 8

Which of these is a consumer right recognized by the United Nations?

Revolt · Accepted Answer

right to education

Question 9

Which of the following functions is most closely connected with the FDA?

Revolt · Accepted Answer

protecting the public from unsafe medicines and foods

Question 10

The following chart shows a store’s records of sales of stuffed toys for two months. Which of the following are accurate assessments of trends displayed in this graph? I. The market share held by cats increased by about 6.5 percentage points. II. Roughly 22.2% more stuffed toys in the “other” category were sold in October than in September. III. The total number of stuffed toys sold increased by about 2%.

Revolt · Accepted Answer

I and II

Consumer Rights Answers

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