NOTE to Students:  Read the "Background" below before answering the questions.

1.  How are consumers paying more for groceries today when some of these prices haven't increased?

2.  List examples of several products whose sizes have changed.

3.  a) What are commodities?
b)  Why are commodities prices affecting consumers?

4.  What two choices do companies have for their products when commodities prices increase?

5.  a) Why have companies chosen to reduce the amount of product?  
b)  Ask a parent which he/she would prefer, and to explain why.

6.  a) Is it wrong for companies to try to conceal the reduced amount of a product they are selling? Should companies attempt to explain their rising costs to consumers or just reduce product size or increase prices?  Explain your answer. 
b)  Savvy is defined as: well-informed and perceptive; shrewd.  Is it up to the consumer to be a 'savvy' shopper? Explain your answer.