If Gavin's Baseball Bats sells 15% of all baseball bats in Tennessee, 15% is the company's...
Mid Unit 5 Review_M2

Quiz
•
Business
•
9th - 12th Grade
•
Medium

Kameron Kalolo
Used 2+ times
FREE Resource
17 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Market percentage
Market share
Profit
Market amount
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To understand pricing, you must understand _______, which is the satisfaction placed on a product.
Profit
Price
Satisfaction
Value
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A company's profit is the same as its return on investment.
True
False
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The more unusual a product is perceived, the greater the freedom to set higher prices.
True
False
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What law prohibits companies from selling products at very low prices?
Robinson Patman
Federal Trade Act
Unfair Trade Practice Law
Hershey Rules
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If insulin prices increase, people will still pay. Their continued demand for insulin is...
Inelastic
Elastic
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When sales revenue equals the total cost and expenses of making and distributing a product
ROI
Profit
Cost of Goods
Break Even Point
Create a free account and access millions of resources
Similar Resources on Wayground
12 questions
Pricing Function 4.01

Quiz
•
9th - 12th Grade
15 questions
PRICING-INTERNAL AND EXTERNAL FACTORS

Quiz
•
12th Grade
20 questions
Marketing Management Study Guide EOPA (Pricing)

Quiz
•
9th - 12th Grade
14 questions
Business of Retail Ch. 4 The Retail Profit Model

Quiz
•
10th - 12th Grade
15 questions
5.01 Objective A

Quiz
•
9th Grade
16 questions
L1 Commerce: Price, Revenue, and Profit

Quiz
•
11th Grade
16 questions
Entrepreneurship-Chp. 5

Quiz
•
9th - 12th Grade
16 questions
Grade 10 Marketing Mix Price Checkpoint

Quiz
•
10th Grade
Popular Resources on Wayground
25 questions
Equations of Circles

Quiz
•
10th - 11th Grade
30 questions
Week 5 Memory Builder 1 (Multiplication and Division Facts)

Quiz
•
9th Grade
33 questions
Unit 3 Summative - Summer School: Immune System

Quiz
•
10th Grade
10 questions
Writing and Identifying Ratios Practice

Quiz
•
5th - 6th Grade
36 questions
Prime and Composite Numbers

Quiz
•
5th Grade
14 questions
Exterior and Interior angles of Polygons

Quiz
•
8th Grade
37 questions
Camp Re-cap Week 1 (no regression)

Quiz
•
9th - 12th Grade
46 questions
Biology Semester 1 Review

Quiz
•
10th Grade
Discover more resources for Business
25 questions
Equations of Circles

Quiz
•
10th - 11th Grade
30 questions
Week 5 Memory Builder 1 (Multiplication and Division Facts)

Quiz
•
9th Grade
33 questions
Unit 3 Summative - Summer School: Immune System

Quiz
•
10th Grade
37 questions
Camp Re-cap Week 1 (no regression)

Quiz
•
9th - 12th Grade
46 questions
Biology Semester 1 Review

Quiz
•
10th Grade