DS

Which of the following is NOT a psychological factor influencing consumer behavior?

Age

Which of the following refers to a group in which a person wishes to be identified?

Aspiration

The Federal Trade Commission Act considers which of the following an unfair and deceptive practice?

Bait and switch

Which of the following is NOT a factor which changes demand?

Change in efficiency of producing a good

Personality is identified by which of the following?

Consistent pattern of interactions in response to recurring situations which forms a distinctive character

Which of the following is NOT a law which aims to protect consumers?

Earned Income Tax Credit (ETIC)

Which of the following terms is used to describe the fluctuation in demand of a certain product in relation to pricing?

Elasticity

Which of the following is the consumer's desire and ability to purchase a good or service?

Demand

Which of the following is a personal factor which influences consumer behavior and refers to the quantifiable statistics detailing an individual's age, gender, ethnicity and income?

Demographic

A person's need for respect belongs to which of the following levels of Maslow's hierarchy?

Esteem

Which of the following is a good for which demand will not change in relation to the price of the group?

Necessities

Which of the following describes the cost incurred when you make a choice of one good or service over another?

Opportunity cost

A person's need for air and water belongs to which of the following levels of Maslow's hierarchy?

Physiological needs

Which of the following types of perception occurs when consumers activity choose messages which they want to see?

Selective exposure

A person's need for self-fulfillment belongs to which of the following levels of Maslow's hierarchy?

Self-actualization

Which of the following is NOT a stage of the family life cycle?

Single seniors

Which of the following is NOT true of economics?

Studies methods of advertising and marketing

If there is a change in the number of producers in the market, which of the following will also change?

Supply

Laws do NOT impact providers in the following ways?

Supply

Which of the following provides a basis for the regulation of the testing, manufacture, distribution and sale of food, drugs, cosmetics and medicinal products in the U.S.?

The Federal Food, Drug, and Cosmetic Act