Pricing methods
Quiz
•
Business
•
9th Grade
•
Practice Problem
•
Medium
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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