Unit 8: Price Planning

Adding your profit margin to the cost of your product is an example of _____________ pricing.

The value a customer places on a good or service is based on its anticipated ____________.

An effective price lining policy for Polo hoodies would be?

Wages, salaries, rent, fees, dues, fares, interest, and rates are examples of _____________.

Charging $6 for upper level stadium seats and $35 for box seats are examples of ______________.

If a bread company sells 15% of all the bread in an area, it has a 15% market __________.

Offering three bottles of Vitamin C for $15 is an example of ____________ pricing.

Which of the following is an illegal advertisement according to FTC's rules?

Trade-in allowances go directly to _____________.

Rolex sells luxury watches for $10,000. This is an example of ____________ pricing.

Buying milk even if its price increases means your demand for this product is ___________.

Marking up the price of gaming consoles 5% and its games 60% is an example of ____________

Allowing customers to negotiate the price of your product is an example of a _________ policy.

Eating at competitor's restaurants is an example of which step in price determination?

Installing a drive-up window at your pharmacy is an example of ______________.