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Psychological pricing is a strategy in which prices are set in odd number right below an even price. Which is a strategy of odd-even -pricing
market
Location of store
To determine how many products they must sell to break even
29.95
the highest price allowed to be charged for an item.
profitability.
stay the same
inelastic
Why do sportswear stores calculate break-even in units?
market
Location of store
To determine how many products they must sell to break even
29.95
the highest price allowed to be charged for an item.
profitability.
stay the same
inelastic
Which of the following is the least important factor when selecting a pricing strategy
market
Location of store
To determine how many products they must sell to break even
29.95
the highest price allowed to be charged for an item.
profitability.
stay the same
inelastic
The product mix strategies is the collection of products and services that a company chooses to offer its _______
market
Location of store
To determine how many products they must sell to break even
29.95
the highest price allowed to be charged for an item.
profitability.
stay the same
inelastic
An increase in ticket prices is most accepted by fans if a sport has a(n) __________ demand for tickets.
market
Location of store
To determine how many products they must sell to break even
29.95
the highest price allowed to be charged for an item.
profitability.
stay the same
inelastic
Fixed cost tends to __________
market
Location of store
To determine how many products they must sell to break even
29.95
the highest price allowed to be charged for an item.
profitability.
stay the same
inelastic
Which is the correct definition of price ceiling
market
Location of store
To determine how many products they must sell to break even
29.95
the highest price allowed to be charged for an item.
profitability.
stay the same
inelastic
A college athletic department sets the football ticket prices so that the organization earns income of $12 per ticket after covering expenses. This is an example of a price objective based on
market
Location of store
To determine how many products they must sell to break even
29.95
the highest price allowed to be charged for an item.
profitability.
stay the same
inelastic
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