Chapter 4. When Money Isn’t Enough

EIA Activity: When Money Isn’t Enough

Click on the links on the right to answer the following questions.

  1. Question

    Use Link 1 to answer the following question. Consumer World is a website that helps consumers find other websites that guarantee money saving deals on which of the following goods:

    A.
    B.
    C.
    D.

  2. Question

    Use Link 2 to answer the following questions. True or False: The main reason behind Amazon’s decision to have a physical store was to sell books to consumers.

    A.
    B.

  3. Question

    True or False: By opening its own physical store, Amazon can further market its own brand.

    A.
    B.

  4. Question

    Use Link 3 to answer the following question. Amazon, one of largest online retailers, plans to open physical stores. Ithas tested physical retail space before in which of the following ways:

    A.
    B.
    C.
    D.

  5. Question

    Use Link 4 to answer the following question. True or False: Raise is a website that allows consumers to buy and sell discounted gift cards to many different stores.

    A.
    B.

  6. Question

    Use Link 5 to answer the following question. True or False: Raise.com is a website that allows consumers to sell unwanted gift cards at prices designated by the website.

    A.
    B.

  7. Question

    Use Link 6 to answer the following questions. Different types of rationing during WWII included which of the following?

    A.
    B.
    C.
    D.
    E.

  8. Question

    True or False: Ration coins were first introduced in the United States in 1944.

    A.
    B.

  9. Question

    In your opinion, which online retailer is the best at increasing overall consumer surplus? Why?

    Your response will be graded by your instructor.
    In your opinion, which online retailer is the best at increasing overall consumer surplus? Why?

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