Course Code mkt829 Question Product XB unit selling price is …………………. Naira where 7500 units are sold and total revenue is N63,750. Answer N8.50 Question A percent change in quantity divided by a percent change in ……………… indicates rate of elasticity of demand. Answer price Question Through branding and brand equity products are displayed as being ………………………… Answer distinctive Question …………………………..perception of product quality should be given priority attention. Answer customer's Question By offering the lowest price among available choices, a marketer ………………………… the competitors. Answer under-cuts Question ………………………… pricing entails displaying a moderately-priced product close to a higher-priced product in order to induce purchase of the former. Answer reference Question Where production capacity is limited and competition is non-existent, ………………………… strategy serves corporate best interest. Answer penetration Question Price elasticity measures consumers' …………………….. to price changes. Answer sensitivity Question …………………….. Pricing policy promotes mass distribution of products and economies of scale. Answer penetration Question Pricing policy entails the decision making methods for ……………….. prices in an organisation. Answer setting Question Product XB unit selling price is …………………. Naira where 7500 units are sold and total revenue is N63,750. Answer N8.50 Question A percent change in quantity divided by a percent change in ……………… indicates rate of elasticity of demand. Answer price Question Through branding and brand equity products are displayed as being ………………………… Answer distinctive Question …………………………..perception of product quality should be given priority attention. Answer customer's Question By offering the lowest price among available choices, a marketer ………………………… the competitors. Answer under-cuts Question ………………………… pricing entails displaying a moderately-priced product close to a higher-priced product in order to induce purchase of the former. Answer reference Question Where production capacity is limited and competition is non-existent, ………………………… strategy serves corporate best interest. Answer penetration Question Price elasticity measures consumers' …………………….. to price changes. Answer sensitivity Question …………………….. Pricing policy promotes mass distribution of products and economies of scale. Answer penetration Question Pricing policy entails the decision making methods for ……………….. prices in an organisation. Answer setting Try Another Search