Which of the following answers is related to competition-based pricing?
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Other
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3rd Grade
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Hard
Shehla Xanmadli
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10 questions
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1.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
the organization may charge just lower prices as compared to the prices of its competitors
refers to a method in which an organization considers the price of competitors’ products to set the prices of its own products
is the process of setting an item's price at the same level as the extra expense involved in producing another item
implies a method in which an organization sets the price of a product according to the prevailing price trends in the market
based on how the firm considers competitors will price their products rather than only on its own costs or demand
2.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
Which answer below is not related to the strategic marketing obkectives of pricing?
price stabilization
sales maximization
maintaining cash flow
product positioning
supporting other products
3.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
Which answer below is related to the strategic marketing objectives of pricing?
adjusting high prices
price stabilization
investing in R&D
sales maximization
maximize profits
4.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
Which answer shows the functions of prices?
Ratioing, Controlling, Foreign Economic, Competition, Profitability
Contratsting, Signalling, Discount, Stimulating, Measurement
Product differentiation, Profitability, Measurement, Allocating, Signaling
Foreign economic, Measurement, Socializing, Marketing mix, Contrasting
Transmission, Socializing, Profitability, Controlling, Measurement
5.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
Which answers below best describe the characteristics of short-run aggregate supply curve?
The economy operates under the conditions of full employment, actual and expected prices are not equal
Prices for the final goods and acquired factors of production are leveled out, entrepreneurs can’t obtain additional profit as result of variation of prices
Economic agents revaluate their price expectations, actual prices don’t deviate from its expected price level
Actual and expected prices are equal, economic agents can't revaluate their price expectations
Actual and expected prices are not equal, economy is functioning in the conditions of underemployment of resources
6.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
Which answer below is not related to the long-run aggregate supply curve?
in the long run the amount of supply does not depend on prices, in this regard LRAS curve is vertical
in the long run prices for the final goods and acquired factors of production are leveled out
the actual level of production is not equal to its potential level
if the economy in the long run has high level of factors of production then it will lead to the increasing of the natural level of production
increase in investment or growth in size of labour force LRAS curve will shift to the right
7.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
Which asnwer below best describes the content of Agregate Demand?
consumption, private investment, government spending
consumption, private investment, government spending, exports - imports
consumption, government spending, exports - imports
private investment, government spending, exports - imports
consumption, private investment, government spending
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