Smart Shopping Tips for Consumers
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Questions and Answers

What should you focus on instead of the total price when shopping?

  • Product packaging
  • Brand popularity
  • Net weight
  • Unit price (correct)
  • What common signs of shrinkflation should you ignore according to the text?

  • Family size (correct)
  • Limited edition
  • Organic
  • New and improved
  • What calculation is mentioned to determine the unit price of a product?

  • Net weight x Total units
  • Total units / Total price
  • Total price x Net count
  • Total price / Total units (correct)
  • Why does the text suggest buying in bulk despite the higher up-front cost?

    <p>It helps in saving money in the long run</p> Signup and view all the answers

    What advice does the text give regarding brand loyalty?

    <p>Choose the cheapest option regardless of brand</p> Signup and view all the answers

    What is one key reason companies use to justify product downsizing?

    <p>Rising transportation costs</p> Signup and view all the answers

    What does the text suggest about the price of cocoa in recent years?

    <p>The price of cocoa has fallen sharply over the last year.</p> Signup and view all the answers

    What does the statement "A lot of shoppers are more sensitive to a price change than to a weight change" suggest?

    <p>Shoppers are more likely to notice a change in price than a change in product size.</p> Signup and view all the answers

    What is one potential consequence of product downsizing mentioned in the text?

    <p>Improved health outcomes for customers</p> Signup and view all the answers

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