Pricing Sports

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Across
  1. 3. the total amount of money brought in by a company's operations, measured over a set amount of tim
  2. 5. the amount of a good or service available at a given time and price. Suppliers are generally willing to produce more when prices rise.
  3. 6. is defined as the value placed on the goods or services being exchanged
  4. 8. quickly generates demand for product
  5. 9. the money a business makes after subtracting its expenses from its income.
  6. 13. the amount of a good or service that consumers want to buy. Consumers generally buy less when prices rise.
  7. 17. is a strategy where a company sets different prices for products within the same product line, based on their features, quality, or size.
  8. 19. is a strategy where a product is sold at a low price to attract customers, who are then expected to buy other, more profitable items.
  9. 20. a plan designed to establish a unique identity for a company's product or brand within a specific market.
Down
  1. 1. is pricing based on consumer perception
  2. 2. a change in price has little effect on the quantity demanded.
  3. 4. competition between businesses based on quality, service and relationships
  4. 7. the percentage of the total sales of all companies that sell the same type of product.
  5. 10. pricing items with either an odd number or an even number to match image.
  6. 11. pricing goods according to what the customer is willing to pay.
  7. 12. is a marketing strategy where a business sells two or more products together at a lower price than if they were sold individually.
  8. 14. the cost of something, or the money spent to get something.
  9. 15. cover Research and Development costs
  10. 16. when a company spends more money than it earns during an accounting period.
  11. 18. a small price change can lead to a large change in the quantity demanded.