Bell Ringer - November 21, 2024
Quiz by Bernice W. Broussard
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- Q1
Carla has a small phone-accessory business. She buys accessories from manufacturers and resells them to her customer. Which of the following are NOT operating expenses for Carla?
Credit card processing fees
Website hosting fees
The costs of the phone accessories that she buys and resells
Transportation costs
30s - Q2
Using the manufacturer's suggested retail price is called:
Keystone pricing
Vendor pricing
Bundle pricing
Psychological pricing
30s - Q3
Selling multiple products and services together at a lower retail price than if all items were purchased individually is called:
Psychological pricing
Keystone pricing
Bundle pricing
Vendor pricing
30s - Q4
Using prices that end in the numbers 5, 7, or 9 can indicate a fair price to customers. This is called:
Keystone pricing
Vendor pricing
Bundle pricing
Psychological pricing
30s - Q5
Offering a promotional markdown with a coupon is called:
Multiple pricing
Markup pricing
Discount pricing
Competitive pricing
30s - Q6
Selling multiple items for one price, such as, "buy one, get one free," is an example of:
Discount pricing
Competitive pricing
Markup pricing
Multiple pricing
30s - Q7
Applying a preset margin rate to the cost of items to determine retail price is called:
Discount pricing
Competitive pricing
Markup pricing
Multiple pricing
30s