Read Ch 22 and answer the following questions. Print a copy of this
page for your notes.
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1) 1. Define consumer.
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2) 2. Define grade as it is used in this chapter.
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3) 3. Define label.
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4) 4. Define opportunity cost.
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5) 5. What power does the consumer have?
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6) 6.What are two examples of product-testing organizations?
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7) 7. What are two nonprofit organizations that publish consumer
magazines?
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8) 8. What are two financial periodicals that cover topics of interest
to consumers?
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9) 9. Which government organization specializes in information about
food--judging qauality, buying wisely, improving buying practices,
planning meals, improving nutrition, and other farm- and home-
related topics?
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10) 10. Why do businesses provide information to the consumers?
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11) 11. How can advertising help you become a better consumer?
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12) 12. What is the concern of the Better Business Bureau?
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13) 13. What are the seven important questions you should ask before
purchasing a product or service?