
Price Strategy
Authored by Britney James
Business
9th - 10th Grade
Used 3+ times

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16 questions
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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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