measures how changes in price affect the quantity of the product demanded Multiple Choice Break even analysis Market oriented pricing Price elasticity of demand Competitive parity Target return pricing The objective of is to build sales, market share, and profits quickly by providing an incentive to purchase the product immediately Multiple Choice price skimming market penetration pricing experience curve effects price fixing price lining yle owns the local garden nursery He sources his fertilizer from Wegrow Wegrow gives him a 15 discount if he orders his spring and summer inventory by mid February and pays before March 15th This is an example of which pricing tactic aimed at businesses Multiple Choice Quantity discount Cash discounts Geographic pricing Seasonal discounts urik steel makes the framework beams for airplane manufacturers They are located in Mississauga If they are shipping to adjacent provinces the price is increased by 2 If they are shipping to the Maritimes or Prairies the price is increased by 5 If they are shipping to the Northern territories or West coast the price is increased by 7 This is an example of which pricing tactic aimed at businesses Multiple Choice Cash discounts Geographic pricing Quantity discount Seasonal discounts Ethan can buy an order of medium fries for $3, a burger for $6, and a medium drink for $2 from the Bite shoppe, or he can order the Big special which comes with a burger, a medium drink, and medium fries for a total of $8 50 This is an example of which pricing tactic Multiple Choice Price Bundling Quantity discount Leader loss pricing Price lining Ginny's books orders their inventory from a Tyke's distributors If she orders under 20 books she pays cost, if she orders 21 50 books it is 5 off cost, if she orders 51 100 books she pays 30 off cost This is an example of which pricing tactic aimed at a business Multiple Choice Cash discounts Quantity discount Geographic pricing Seasonal discoun

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Question: ____ measures how changes in price affect the quantity of the product demanded. Multiple Choice Break-even analysis Market-oriented pricing Price elasticity of demand Competitive parity

____ measures how changes in price affect the quantity of the product demanded.

Multiple Choice

Break-even analysis
Market-oriented pricing
Price elasticity of demand
Competitive parity
Target return pricing

The objective of _____ is to build sales, market share, and profits quickly by providing an incentive to purchase the product immediately.

Multiple Choice
price skimming
market penetration pricing
experience curve effects
price fixing
price lining

yle owns the local garden nursery. He sources his fertilizer from Wegrow. Wegrow gives him a 15% discount if he orders his spring and summer inventory by mid February and pays before March 15th. This is an example of which pricing tactic aimed at businesses?

Multiple Choice
Quantity discount
Cash discounts
Geographic pricing
Seasonal discounts

urik steel makes the framework beams for airplane manufacturers. They are located in Mississauga. If they are shipping to adjacent provinces the price is increased by 2%. If they are shipping to the Maritimes or Prairies the price is increased by 5%. If they are shipping to the Northern territories or West coast the price is increased by 7%. This is an example of which pricing tactic aimed at businesses?

Multiple Choice
Cash discounts
Geographic pricing
Quantity discount
Seasonal discounts

Ethan can buy an order of medium fries for $3, a burger for $6, and a medium drink for $2 from the Bite shoppe, or he can order the Big special which comes with a burger, a medium drink, and medium fries for a total of $8.50. This is an example of which pricing tactic?

Multiple Choice
Price Bundling
Quantity discount
Leader/ loss pricing
Price lining

Ginny's books orders their inventory from a Tyke's distributors. If she orders under 20 books she pays cost, if she orders 21-50 books it is 5% off cost, if she orders 51-100 books she pays 30% off cost. This is an example of which pricing tactic aimed at a business?

Multiple Choice
Cash discounts
Quantity discount
Geographic pricing
Seasonal discoun

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