Price Strategy

Price Strategy

9th - 10th Grade

16 Qs

quiz-placeholder

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Price Strategy

Price Strategy

Assessment

Quiz

Business

9th - 10th Grade

Hard

Created by

Britney James

Used 3+ times

FREE Resource

16 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

What factors affect price?

Costs and Expenses

Supply and Demand

Consumer Perceptions and Competition

Government Regulations and Technological Trends

All of the above

2.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Fixed costs are subject to change depending on the units sold and variable costs are not subject to change depending on the units sold.

True

False

3.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Pricing above the market is:

Price Gouging

Price Fixing

Resale Price Maintenance

Unit Pricing

Bait and Switch

4.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

When competing companies agree to restrict prices it is:

Price Gouging

Price Fixing

Resale Price Maintenance

Unit Pricing

Bait and Switch

5.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Price fixing imposed on wholesaler or retailer to deter priced based competition is:

Price Gouging

Price Fixing

Resale Price Maintenance

Unit Pricing

Bait and Switch

6.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Required pricing of goods on the basis of cost per unit of measure in addition to price per item is:

Price Gouging

Price Fixing

Resale Price Maintenance

Unit Pricing

Bait and Switch

7.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Advertising a lower price and getting people to buy something else instead that is higher priced or lower quality is:

Price Gouging

Price Fixing

Resale Price Maintenance

Unit Pricing

Bait and Switch

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