Pricing methods

Pricing methods

9th Grade

5 Qs

quiz-placeholder

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Pricing methods

Pricing methods

Assessment

Quiz

Business

9th Grade

Practice Problem

Medium

Created by

fida valiyakath

Used 63+ times

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Business that produce only one product will use this pricing method

Cost plus pricing

Competitive Pricing

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A business that has many competitors will use this pricing methods

Premium pricing

Competitive pricing

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A business that sells innovative technological products use this type of pricing method

Price skimming

Cost plus pricing

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A business that wants to increase sales or enter a new market use this type of pricing

Promotional pricing

Competitive pricing

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A business that sells luxury items and wants the product to be exclusive, use this type of pricing

Price skimming

Premium pricing

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