Price Review
Across
- 1. the quantity of a good or service that sellers are able and willing to offer for sale at a specified price in a given period of time
- 4. a marketing function that involves determining and adjusting prices to maximize return and meet customers' perception of value.
- 5. marketing element that marketers use to inform, remind, and persuade their customers.
- 6. the amount of money that the buyer is willing to pay and the seller is willing to accept for a good or service
- 8. a condition in which a market is controlled by one supplier and there is no substitute goods or service readily available.
- 9. illegal pricing agreement in which businesses agree on prices of their goods and services, resulting in little choice for the consumer.
Down
- 2. An illegal activity in which a business charges different customers different prices for similar amounts and types of products.
- 3. the rivalry between two or more business to attract scarce customer dollars.
- 7. the income made after all expenses are paid
- 10. a characteristic of pricing that says prices should not be too high or too low