Sports Pricing
Quiz by Michele orr
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15 questions
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- Q1selling several items as packages for a set pricebundle pricingcost plus pricingloss leader pricingmarkup pricing30s
- Q2pricing products by calculating all costs and expense and adding desired profittarget pricingcost plus pricingloss leader pricingprice lining30s
- Q3a change in price will affect demandodd-even pricingmarket shareelastic demandinelastic demand30s
- Q4when a product is a necessity, consumers will pay whatever price to purchase itinelastic demandprestige pricingelastic demandmarket share30s
- Q5pricing an item at cost or below cost to draw customers into the storeodd-even pricingprestige pricingprice liningloss leader pricing30s
- Q6the percentage of the total sales of all companies that sell the same type of productmarket shareprestige pricingmarkup pricingelastic demand30s
- Q7the difference between retail or wholesale price and the cost of an itemtarget pricingpredatory pricingmarkup pricingodd-even pricing30s
- Q8competition between business based on quality, service, and relationshipsbundle pricingloss leader pricingcost plus pricingnon-price competition30s
- Q9pricing goods with either an odd number or even number to match a product's imagecost plus pricingpredatory pricingodd-even pricingyield management pricing30s
- Q10setting a very low price in order to drive competitors out of businesscost plus pricingprice liningmarkup pricingpredatory pricing30s
- Q11priced above the average market price to attract customersprestige pricingloss leader pricingproduct line pricingmarket share30s
- Q12the practice of charging different prices to similar buyerspredatory pricingprice discriminationtrade in allowancestrade in allowances30s
- Q13pricing goods according to what the customer is willing to payprestige pricingtarget pricingyield management pricingmarket share30s
- Q14trading in a old model for a new modelpredatory pricingodd-even pricingmarkup pricingtrade in allowances30s
- Q15pricing items at different prices to maximize revenue when limited capacity is involvedloss leader pricingyield management pricingnon-price competitionbundle pricing30s