Session 6 Quiz

1

What is unit pricing?

• The total price of one item
• The cost per unit (per ounce, per serving, etc.)
• The sale price of a product
• The price after tax

2

Which is the better deal: $4.50 for 15 oz or $3.00 for 8 oz?

• $3.00 for 8 oz because it costs less
• $4.50 for 15 oz because the unit price is lower ($0.30/oz vs $0.375/oz)
• They are the same value
• You cannot compare them

3

What is the difference between price and value?

• They mean the same thing
• Price is what you pay; value is what you get for your money
• Price is for expensive items; value is for cheap items
• Value is always higher than price

4

What is the 24-hour rule?

• Return items within 24 hours
• Wait 24 hours before making an unplanned purchase
• Shop for only 24 hours per month
• Spend no more than $24 per day

5

What is impulse buying?

• Carefully planned shopping
• Unplanned purchases driven by emotion
• Buying only what you need
• Shopping with a list

6

What does Shukr mean?

• Spending wisely
• Gratitude
• Saving money
• Budgeting

7

How does gratitude affect spending?

• It makes you spend more
• It makes you feel less pressure to buy more
• It has no effect on spending
• It makes you feel guilty about buying things

8

What does halal consumption mean beyond food?

• It only applies to food
• Ensuring all earning and spending is permissible and ethical
• Buying the most expensive version
• Shopping at specific stores