product pricing

The minimum price which can be charged bounded by product cost is also known as

• Price Floor

• Price Fixation

• Price ceiling

• Basic price

Companies use several pricing techniques to stimulate early purchase. which of the following best explains psychological discounting?

• An artificially high price is set on the product and then substantial discounts are offered on the same

• A longer loan period is given to the customer. there are lower monthly payments

• special prices are tagged

• Cash rebates

which of the following is correct for the costs related to production

• fixed cost

• Variable cost

• Average cost

• All the above

In case of a telephone bill, we need to pay the fixed monthly charges and the usage charges as well. which of the following pricing strategy the telecom follow?

• Optional feature pricing

• captive product pricing

• two-part pricing

• BY product pricing

which is an external factor for the product pricing

• Organisation factors

• marketing mix

• cost of product

• product demand

Two or more complementary products offered together at a single price is know as

• Bundle pricing

• Transfer pricing

• going rate pricing

• Full cost pricing

Which of the following is also referred to as markup pricing?

• cost price

• Cost plus pricing

• Marginal pricing

• Discounting pricing

The price-setting method which most closely corresponds to the concept of product positioning is

• cost-plus pricing

• going rate pricing

• perceived value pricing

• Psychological pricing

Which of the following is the most common method of pricing?

• Full cost pricing

• Marginal cost pricing

• going rate pricing

• competitive pricing

The minimum price which can be charged bounded by product cost is also known as ____

• Price floor

• Price fixation

• price ceiling

• Basic price