6 points save Answer QUESTION 36 Which of the following are typical pricing obje
ID: 2736555 • Letter: 6
Question
6 points save Answer QUESTION 36 Which of the following are typical pricing objectives? Select ALL that are applicable, there might be more than one correct choice. building traffic losing money achieving greater market share achieving a target return on investment/profit 2 points Save Answer QUESTION 37 When you are conducting a "break-even analysis, you are determining the sales point where revenues will equal cost. O True 2 points QUESTION 38 Save Answer One common element in the psychology behind pricing is the fact that many consumers associate a higher price with higher quality. In other words, some people think an item that costs more is automatically worth more/is of higher quality. FalseExplanation / Answer
Which of the following Are typical pricing objective
Select all that are applicable; There might be more than one choice correct
Answer
1 Achieving grater market share
2 Achieving target return on profit
Que-37
When you are conducting break even analysis ,You are determining the sales point where revenue equal to cost
Answer : True
Explanation:
Break even point is the point where company can cover a it's total amount of fixed and variable expenses during a specified period of time.i mean a point where revenue equal to cost
Que-38
One common element in the psychology behind pricing is the fact that the many consumer associate a higher price with the higher quality. In other words some people think an items that cost more is automatically worth more's of higher quality
Answer : True
Explanation:
It is belief among the people that cost of particular product is more because it has more quality then the other product of same line so we can say that given sentence is correct, that psychology behind pricing is the fact that the many consumer associate a higher price with the higher quality.
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