Certification Marks Are Typically Used To

question 34

Multiple Choice

Certification marks are typically used to:

• A)indicate membership in a trade group
• B)indicate a certain brand of service
• C)indicate quality
• D)associate products to a specific brand

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Definitions:

Consumer Goods

Products and services that are consumed by individuals or households to satisfy their immediate needs and wants.

Opportunity Cost

The cost of forgoing the next best alternative when making a decision or choosing an action.

Autos

Short for automobiles, referring to passenger vehicles designed for personal transportation.

Opportunity Cost

The value of the next best alternative forgone as the result of making a decision.