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MCQs

Total Questions : 234 | Page 7 of 24 pages
Question 61. The price reduction is awarded to buyers who buy services and goods in off-season is classified as
  1.    oligopolistic discount
  2.    equalizing discount
  3.    offset discount
  4.    seasonal discount
 Discuss Question
Answer: Option D. -> seasonal discount
Answer: (d).seasonal discount
Question 62. The price discrimination in which same product is charged differently at different places even though cost of offering the product is exactly same is known as
  1.    customer segment pricing
  2.    product-form pricing
  3.    location pricing
  4.    channel pricing
 Discuss Question
Answer: Option C. -> location pricing
Answer: (c).location pricing
Question 63. The techniques involved in promotional pricing are
  1.    loss leader pricing
  2.    cash rebates
  3.    low interest pricing
  4.    all of the above
 Discuss Question
Answer: Option B. -> cash rebates
Answer: (b).cash rebates
Question 64. The low prices of shoes for marathon participating athletes is an example of
  1.    special customer pricing
  2.    special event pricing
  3.    loss leader pricing
  4.    cash rebates
 Discuss Question
Answer: Option A. -> special customer pricing
Answer: (a).special customer pricing
Question 65. The selling practice of companies in which company charges two or more prices without any difference in costs is classified as
  1.    price functionality
  2.    price rebates
  3.    price discrimination
  4.    price leadership
 Discuss Question
Answer: Option C. -> price discrimination
Answer: (c).price discrimination
Question 66. Augmented demand can be characterized on graph as curve being moved to right is associated to
  1.    supply curve shifts
  2.    curve shifts
  3.    demand increase
  4.    Demand curve shifts
 Discuss Question
Answer: Option D. -> Demand curve shifts
Answer: (d).Demand curve shifts
Question 67. Measures reaction of quantity supplied to changes in price, as proportion change in quantity supplied persuades by a one percent alteration in price is
  1.    price elasticity of supply
  2.    price elasticity of demand
  3.    elasticity
  4.    law of marginal utility
 Discuss Question
Answer: Option A. -> price elasticity of supply
Answer: (a).price elasticity of supply
Question 68. Company expectations regarding upcoming prices are determinants of
  1.    supply
  2.    elasticity
  3.    law of supply
  4.    marginal utility
 Discuss Question
Answer: Option A. -> supply
Answer: (a).supply
Question 69. Tastes & first choices are determinants of
  1.    supply
  2.    demand
  3.    demand curve
  4.    elasticity
 Discuss Question
Answer: Option B. -> demand
Answer: (b).demand
Question 70. Demand movers are
  1.    changes in expectations
  2.    population size and composition
  3.    changes in prices of related goods
  4.    all of these are shifters
 Discuss Question
Answer: Option D. -> all of these are shifters
Answer: (d).all of these are shifters

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