Pricing Strategy MCQs

Welcome to our comprehensive collection of Multiple Choice Questions (MCQs) on Pricing Strategy, a fundamental topic in the field of Marketing and Marketing Management. Whether you're preparing for competitive exams, honing your problem-solving skills, or simply looking to enhance your abilities in this field, our Pricing Strategy MCQs are designed to help you grasp the core concepts and excel in solving problems.

In this section, you'll find a wide range of Pricing Strategy mcq questions that explore various aspects of Pricing Strategy problems. Each MCQ is crafted to challenge your understanding of Pricing Strategy principles, enabling you to refine your problem-solving techniques. Whether you're a student aiming to ace Marketing and Marketing Management tests, a job seeker preparing for interviews, or someone simply interested in sharpening their skills, our Pricing Strategy MCQs are your pathway to success in mastering this essential Marketing and Marketing Management topic.

Note: Each of the following question comes with multiple answer choices. Select the most appropriate option and test your understanding of Pricing Strategy. You can click on an option to test your knowledge before viewing the solution for a MCQ. Happy learning!

So, are you ready to put your Pricing Strategy knowledge to the test? Let's get started with our carefully curated MCQs!

Pricing Strategy MCQs | Page 17 of 24

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Q161.
The issue arise from pricing when big seller sells below cost to put the new small competitors out of business and capture large market share is classified as
Discuss
Answer: (d).predatory pricing
Q162.
The type of reduction made from list price is classified as
Discuss
Answer: (c).allowance
Q163.
The pricing technique in which the customer pays delivery charges for the shipment from factory to the destined address is classified as
Discuss
Answer: (c).freight on board origin pricing
Q164.
In the 'maturity stage of product life cycle' the cost per customer is
Discuss
Answer: (b).low
Q165.
The products whose classes are based on customer's need and behavior are called
Discuss
Answer: (d).consumer products
Q166.
Supply-and-demand model is a partial equilibrium model of
Discuss
Answer: (c).economic equilibrium
Q167.
Evaluate sensitivity of quantity variable, Q, to vary in price variable, P is
Discuss
Answer: (b).price elasticity of demand
Q168.
Scrutinize possible effect on equilibrium of a change in outer surroundings affecting marketplace is
Discuss
Answer: (d).comparative static analysis
Q169.
Expression "supply and demand" was initially used by
Discuss
Answer: (d).James Denham-Stuart
Q170.
Under supposition of ideal competition, supply is determined through
Discuss
Answer: (a).marginal cost