price setting year 7 business

Old mate sells his coffee and cake for 6.50. His competitor then sells his for 5.50. This is

• auction

• % mark up

• Competitve pricing

• rrp

A greeting card is suggested to be sold for $5. This is an example of

• an auction

• % mark up

• Competitve pricing

• RRP

Jemima goes with her parents to the live sale of a home. This is an example of an

• Auction

• % mark up

• RRP

• Competitive pricing

Kmart buy a product for $50 and sell it for $100. This is an example of

• % mark up

• profit

• loss

• RRP

Jax sell tyres for $140 dollars. Bob Jane sells the same tyre for $130 plus free wheel alignment. This is an example of

• an auction

• competitive pricing

• RRP

• % mark up

Bob buys a coin for $10 dollars and sells it for 10% above his cost price. This is an example of

• auction

• competitive pricing

• % mark up

• RRP

Water

• Need

• Want

chocolate

• need

• want

desk

• good

• service

nurse

• good

• service