Test your knowledge

Choose wisely. There is only one correct answer to each question.

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1.
There isnt much information to be gained by looking at customer reviews from Websites of stores where you dont plan to purchase a major product.
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False. The information obtained by customer reviews is extremely valuable because it is generally very honest.
2.
Which of the following represents the best way to do comparison shopping?
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All of the above. The more you research and compare, the easier your selection will be.
3.
Finding the price range for a major purchase involves determining both what you need and what you want.
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True. Needs and wants will help you determine your lower and upper price ranges.
4.
When researching a major product to buy, you will find that your "needs" determine the _______ end of your price range, and your "wants" will determine the _______ end of your price range.
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Lower/upper. Needs are usually met by the least expensive items, and wants are usually met by the more expensive items.
5.
You can find product comparison charts on the Internet.
Choose wisely. There is only one correct answer.
True. They can save you plenty of time over making the charts yourself.