A. interactive
B. augmented
C. elastic
D. inelastic
Related Mcqs:
- If the demand for the product does not change with the small change in price then the demand is said to be ________?
A. interactive
B. augmented
C. elastic
D. inelastic - A. width of product mix B. length of product mix C. depth of product mix D. consistency of product mix __________?
A. guarantees
B. warranties
C. labeling
D. packaging - The demand which is affected by price changes in short term is?
A. elastic demand
B. inelastic demand
C. realistic demand
D. unrealistic demand - The demand which is not affected by price changes in short term is?
A. elastic demand
B. inelastic demand
C. realistic demand
D. unrealistic demand - The demand for a particular product can decline if the price is _________?
A. stable
B. high
C. low
D. constant - The product mix pricing technique through which companies develop product lines for pricing instead of single product is classified as __________?
A. by-product pricing
B. optional-feature pricing
C. product line pricing
D. Two-part pricing - The optional-feature pricing, captive-product pricing, product-bundling pricing and by-product pricing are considered as the techniques of __________?
A. product mix pricing
B. line stretching pricing
C. line filling pricing
D. line deepening pricing - If the company carries 6 product lines and total length of each product line is 24 then the average length of product line will be __________?
A. 4
B. 6
C. 24
D. 30 - In graph of market demand, the products resulting demand is written on __________?
A. market equilibrium point
B. Company’s equilibrium point
C. horizontal axis
D. vertical axis - The price increasing technique in which companies with long lead times, do not set price until product is finished is classified as _____________?
A. reduction of discounts
B. unbundling
C. delayed quotation pricing
D. escalator clauses
