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Free "Developing Pricing Strategies Learning" App Download (Android & iOS) with MCQ: If the unit cost is $25 and the desired return on sales is 60% then the markup price is; with answers: $65.50, $62.50, $69.50, and $75.50. Practice Consumer Goods Classification Quiz Questions, download Apple Book (Free Chapter) to improve digital collaboration.

Developing Pricing Strategies MCQ – Practice Test 10 PDF Download

MCQ 46: If the unit cost is $25 and the desired return on sales is 60% then the markup price is:

  1. $62.50
  2. $65.50
  3. $69.50
  4. $75.50

MCQ 47: Considering auction-type pricing, the techniques are involved like:

  1. English auctions
  2. Dutch auctions
  3. Sealed-bid auctions
  4. all of the above

MCQ 48: The price discrimination in which seller charges different prices to different customers on the basis of their demand is classified as:

  1. second-degree price discrimination
  2. first-degree price discrimination
  3. third-degree discrimination
  4. fourth-degree discrimination

MCQ 49: The type of trading in which buyers and sellers exchange goods in place of payments is classified as:

  1. ascending trade
  2. sealed trade
  3. countertrade
  4. descending trade

MCQ 50: The reduction of price awarded to the customers who pay their bills promptly is classified as:

  1. non-functional discount
  2. discount
  3. quantity discount
  4. descriptive discount

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