
Price
Authored by Mahra Al Ghuss
Business
10th Grade
Used 25+ times

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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the role of price in the marketing mix?
Price is the 2nd “P” in the Marketing Mix
Price is the 1 st “P” in the Marketing Mix
Price is the 3 rd “P” in the Marketing Mix
Price is the 4 th “P” in the Marketing Mix
2.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Price is the amount of money a customer is willing to pay for a product.
True
False
3.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Price is not the element of the marketing mix that helps a business to earn revenue.
True
False
4.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Businesses in a competitive market might have to charge similar prices to their competitors.
True
False
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Setting the correct price is important because of the
Demand
Quality
Value
All of the above
6.
FILL IN THE BLANK QUESTION
1 min • 1 pt
The ------------- of a product is measured by comparing product and price.
(a)
7.
FILL IN THE BLANK QUESTION
1 min • 1 pt
-------------- for a product might change according to price.
(a)
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