10
QuizMultiple Choice

Buying Insurance

Question 10 • OK-Personal Financial Literacy S1 – EDGNTY-83861 26-27

Kimberly’s family needs to make their food budget stretch. Kimberly’s mother asks her to go to the store to buy cereal for the family, keeping cost in mind. Kimberly enjoys the commercials for a popular cereal brand. However, that brand costs more than the store’s brand. Kimberly reads the ingredients of the popular brand and the store brand and sees little difference. She decides to buy the store brand.

Answer
c
comparing different products
r
recognizing a problem or need
d
deciding which store to go to
e
evaluating the purchase

Explanation

Kimberly compares the popular cereal with the store brand by looking at their prices and ingredients. Since the ingredients are similar but the store brand costs less, she chooses the better fit for her family’s budget. This is comparing different products, not evaluating a purchase she has already made.

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