Chapter 15 Study Guide Consumers in the Global Economy Part 1 Agree or Disagree Directions Indicate whether you agree or disagree with each of the following statements by placing a check mark in the column at the right. Agree Disagree 1. AHAM develops performance standards for appliances, such as refrigerators. 2. A good source for recommendations of products is the Better Business Bureau, 3. The unit price for a 12-ounce box of cereal that costs $2.39 is 20 cents an ounce. 4. A clearance sale is used to clear goods that the store no longer wishes to carry. 5. Private label brands are sold only to members of private shopping clubs. 6. Products sold at factory outlets sometimes contain minor flaws. 7. Small claims courts prohibit the use of lawyers and witnesses. 8. When a business controls the market for a product, it has a monopoly