πŸ“Š Managerial Economics 1
Q. ……………………is the method of leadership pricing
  • (A) Going rate pricing
  • (B) Follow up pricing
  • (C) Barometric pricing
  • (D) Parity pricing
πŸ’¬ Discuss
βœ… Correct Answer: (C) Barometric pricing
πŸ“Š Managerial Economics 1
Q. The pricing of cup of tea or coffee, is an example of
  • (A) Mark up pricing
  • (B) Marginal cost pricing
  • (C) Conventional pricing
  • (D) Cost plus pricing
πŸ’¬ Discuss
βœ… Correct Answer: (C) Conventional pricing
πŸ“Š Managerial Economics 1
Q. The method of pricing which is also known as Parity pricing and Acceptance pricing is
  • (A) Differential pricing
  • (B) Going rate pricing
  • (C) Discriminatory pricing
  • (D) Mark up pricing
πŸ’¬ Discuss
βœ… Correct Answer: (B) Going rate pricing
πŸ“Š Managerial Economics 1
Q. Price discrimination is also called as
  • (A) Discriminatory pricing
  • (B) Differential pricing
  • (C) Average cost pricing
  • (D) a & b above
πŸ’¬ Discuss
βœ… Correct Answer: (D) a & b above
πŸ“Š Managerial Economics 1
Q. Cinema Theater, telephone bills etc..are following
  • (A) Full cost pricing
  • (B) Marginal cost pricing
  • (C) Differential pricing
  • (D) Mark up pricing
πŸ’¬ Discuss
βœ… Correct Answer: (C) Differential pricing
πŸ“Š Managerial Economics 1
Q. Under the Marginal cost pricing, the price is determined on the basis of;
  • (A) Fixed cost
  • (B) Variable cost
  • (C) Total cost
  • (D) Average cost
πŸ’¬ Discuss
βœ… Correct Answer: (B) Variable cost
πŸ“Š Managerial Economics 1
Q. Target pricing is also called as
  • (A) Cost plus pricing
  • (B) Rate of return pricing
  • (C) Mark up pricing
  • (D) None of these
πŸ’¬ Discuss
βœ… Correct Answer: (B) Rate of return pricing
πŸ“Š Managerial Economics 1
Q. Under which method, the cost is added with the predetermined target rate of return on capital invested
  • (A) Cost plus pricing
  • (B) Target pricing
  • (C) Mark up pricing
  • (D) None of these
πŸ’¬ Discuss
βœ… Correct Answer: (B) Target pricing
πŸ“Š Managerial Economics 1
Q. Average cost pricing is also called as
  • (A) cost plus pricing
  • (B) marginal cost pricing
  • (C) margin pricing
  • (D) both a & c
πŸ’¬ Discuss
βœ… Correct Answer: (D) both a & c
πŸ“Š Managerial Economics 1
Q. Cost plus pricing is also called
  • (A) margin pricing
  • (B) full cost pricing
  • (C) mark up pricing
  • (D) all the above
πŸ’¬ Discuss
βœ… Correct Answer: (D) all the above