Copyright

Economic Factors of Pricing and Pricing Strategy

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

When the final selling price reflects cost increases occurred between the time the order is placed and the time it is delivered, _____ has occurred.

Create Your Account To Take This Quiz

As a member, you'll also get unlimited access to over 79,000 lessons in math, English, science, history, and more. Plus, get practice tests, quizzes, and personalized coaching to help you succeed.

Try it risk-free
Try it risk-free for 30 days. Cancel anytime
Already registered? Log in here for access

1. A period of reduced economic activity is called a(n) _____.

2. The purpose of _____ is to communicate the customers that they are receiving a great value for their money.

Create your account to access this entire worksheet
A Premium account gives you access to all lesson, practice exams, quizzes & worksheets
Access to all video lessons
Quizzes, practice exams & worksheets
Certificate of Completion
Access to instructors
Create an account to get started Create Account

About This Quiz & Worksheet

This quiz and corresponding worksheet can be used to assess your knowledge of pricing strategies and how they are created. Topics you need to know to pass the quiz include the various types of inflation strategies.

Quiz & Worksheet Goals

Use these assessment tools to assess your knowledge of:

  • Reduced economic activities
  • Pricing strategies
  • Inflation

Skills Practiced

  • Critical thinking - apply relevant concepts to examine information about inflation in a different light
  • Information recall - access the knowledge you have gained regarding pricing strategies
  • Reading comprehension - ensure that you draw the most pivotal information from the related economic lesson

Additional Learning

To learn more about pricing strategies, review the lesson Economic Factors of Pricing and Pricing Strategy. This lesson covers the following objectives:

  • Define inflation
  • Examine characteristics of delay quotation pricing
  • Compare and contrast delay quotation pricing and escalator pricing
  • Differentiate bundling and unbundling
Support