QUESTION IMAGE
Question
which of the following is a pro of renting a home?
○ payments build equity
○ might be tax deductible
○ flexibility to move.
question 5
1 pts
how does price matching promote smart shopping?
○ lets a customer shop around.
○ take time to see the different options.
○ gets you the best price without having to visit multiple stores.
Response
First Question (Which of the following is a pro of renting a home?)
Brief Explanations
- "Payments build equity" is a pro of buying (as rent payments don't build equity), so eliminate.
- "Might be tax deductible" is more associated with homeownership (mortgage interest, etc.), not renting, so eliminate.
- "Flexibility to move" is a pro of renting, as renters can typically move more easily (e.g., at lease end) compared to homeowners who have to sell.
Brief Explanations
- "Lets a customer shop around" and "Take time to see the different options" describe shopping around, not price matching. Price matching allows a customer to get the best price at their current store (without visiting multiple stores) by matching a competitor's lower price.
- "Gets you the best price without having to visit multiple stores" accurately describes price matching: the store matches a competitor's lower price, so the customer gets the best price at their current store.
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C. Flexibility to move. (Assuming the options are labeled A, B, C as A. Payments build equity, B. Might be tax deductible, C. Flexibility to move.)