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MCQs

Total Questions : 234 | Page 6 of 24 pages
Question 51. The total cost is divided by production level to calculate
  1.    average costs
  2.    fixed costs
  3.    variable costs
  4.    discounted costs
 Discuss Question
Answer: Option A. -> average costs
Answer: (a).average costs
Question 52. The price discrimination in which seller charges less to the customers, who buy in large volumes is classified as
  1.    second-degree price discrimination
  2.    first-degree price discrimination
  3.    third-degree discrimination
  4.    fourth-degree discrimination
 Discuss Question
Answer: Option A. -> second-degree price discrimination
Answer: (a).second-degree price discrimination
Question 53. The image pricing, location pricing, channel pricing and time pricing are all types of price discrimination of
  1.    First degree
  2.    Second degree
  3.    Third degree
  4.    Fourth degree
 Discuss Question
Answer: Option C. -> Third degree
Answer: (c).Third degree
Question 54. The bidding technique in which only one bid is submitted by sellers is classified as
  1.    equalizing-bid auctions
  2.    descending bids auction
  3.    ascending bids auctions
  4.    sealed-bid auctions
 Discuss Question
Answer: Option D. -> sealed-bid auctions
Answer: (d).sealed-bid auctions
Question 55. The type of auction which have many buyers and only one seller and the bidder raises the price of an offer is classified as
  1.    English auctions
  2.    Dutch auctions
  3.    equalizing-bid auctions
  4.    Australian auctions
 Discuss Question
Answer: Option A. -> English auctions
Answer: (a).English auctions
Question 56. If the unit cost is $30, desired return on sales is 75%, invested capital $60000 and units sold are 20000 then target return price is
  1.    $45.25
  2.    $40.25
  3.    $36.25
  4.    $32.25
 Discuss Question
Answer: Option D. -> $32.25
Answer: (d).$32.25
Question 57. The pricing technique through sellers charge constant low prices without any sales promotion effort is classified as
  1.    perceived pricing
  2.    everyday low pricing
  3.    high low pricing
  4.    value pricing
 Discuss Question
Answer: Option B. -> everyday low pricing
Answer: (b).everyday low pricing
Question 58. The maximum current profit, market skimming, product quality leadership and market share are considered as the techniques of
  1.    determining demand
  2.    select pricing objective
  3.    analyzing prices of competitor's
  4.    estimating costs
 Discuss Question
Answer: Option B. -> select pricing objective
Answer: (b).select pricing objective
Question 59. If the total cost is $70000 and the level of production is 30000 units then the average cost will be
  1.    $2.33
  2.    $3.33
  3.    $4.33
  4.    $5.33
 Discuss Question
Answer: Option A. -> $2.33
Answer: (a).$2.33
Question 60. The demand curve for the prestige goods slopes is
  1.    upward
  2.    downward
  3.    leftward
  4.    rightward
 Discuss Question
Answer: Option A. -> upward
Answer: (a).upward

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