Pricing Puzzle

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Across
  1. 2. a fundamental economic concept that describes the total amount of a specific good or service that is available to consumers.
  2. 4. an economic concept that relates to a consumer's desire to purchase goods and services and willingness to pay a specific price for them.
  3. 6. a strategy where companies combine complementary products / services together and offer them at a single (often reduced) price.
  4. 8. a pricing strategy in which a company charges a consistently low price over a long-time horizon.
  5. 11. the seller offers the same price to every customer.
  6. 14. the practice of releasing multiple versions of the same product or service at different price points simultaneously.
  7. 16. a pricing strategy where you charge different prices to different types of customers based on their ability and willingness to pay.
  8. 17. a pricing strategy that uses higher prices to suggest quality and exclusivity
  9. 19. The demand for a good or service changes significantly when the price moves up or down.
  10. 20. a product’s final price is open for negotiation.
Down
  1. 1. to attract customers to a new product or service by offering a lower price during its initial offering.
  2. 3. a pricing method where a company temporarily reduces the price of a product or service in the interest of quickly driving sales.
  3. 5. the practice of adjusting an item's sale price based on the location of the buyer.
  4. 7. any strategy that takes the product mix into consideration.
  5. 9. a firm charges the highest initial price that customers will pay and then lowers it over time.
  6. 10. a product’s final price is open for negotiation.
  7. 12. the value of money placed on a good or service.
  8. 13. When the price goes up, consumers’ buying habits stay about the same, and when the price goes down, consumers’ buying habits also remain unchanged.
  9. 15. habits to make more or higher value sales.
  10. 18. a strategy that uses pricing to influence a customer's spending or