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 price discrimination in which seller charges less to the customers, who buy in large volumes is classified as
Discuss
Answer: (a).second-degree price discrimination
Q162.
The bidding technique in which only one bid is submitted by sellers is classified as
Discuss
Answer: (d).sealed-bid auctions
Q163.
The form of countertrade in which buyer's and seller's exchange goods without involving any third party is classified as
Discuss
Answer: (a).barter
Q164.
The kind of industry in which sellers of commodities such as paper, fertilizer and steel is classified as
Discuss
Answer: (b).oligopolistic industry
Q165.
The price cut technique which results in increasing market share but less loyal customers in market is classified as
Discuss
Answer: (b).fragile-market-share trap
Q166.
The problem arises in price cut when the customer's assume that quality of product has become poor is called
Discuss
Answer: (a).low-quality trap
Q167.
The demand for a particular product can decline if the price is
Discuss
Answer: (b).high
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