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Psychological Pricing

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

What is an example of odd pricing?

a)

$99

b)

$99.99

2.

Bundle pricing include products in a package that is sold at a single price.

a)

True

b)

False

3.

Used in conjunction with sales promotion when prices are lower than average.

a)

prestige pricing

b)

promotional pricing

c)

multi-unit pricing

4.

Psychological Pricing is a set of techniques that create an illusion for customers to make _______

a)

money for them

b)

shopping easier for them

c)

shopping harder for them

d)

shopping a hobby

5.

Paying cash....

a)

encourages consumer to pay their bills quickly

b)

encourages consumers to no be in debt

6.

Multi-unit pricing is?

a)

a bargain that helps save money

b)

a bargain that increases sale

c)

a bargain with seasonal discounts

7.

Prestige pricing is used to make the customer feel better for buying a more expensive item

a)

True

b)

False

c)

I don't know

8.

which one is not a Seasonal Promotional Pricing Technique

a)

Back to school sales

b)

Presidents day sale

c)

buy one get one free

d)

Clearance sales

9.

Is even pricing suppose to make consumers think the price is more than odd pricing?

a)

True

b)

False p

10.

Is it better to buy winter clothes when its in season or out of season?

a)

In season

b)

Out of season