Random
What is the name for the Vancouver White Caps mascot?
Spike
Set price very high for new product
Skimming pricing
What is the retail price on a product that costs $10 and is marked up 40%?
$14
How many sides to a circle?
2 (inside an outside)
Set price very low for new product
Penetration pricing
What is the retail price on a product that costs $15 and is marked up 80%?
$27
What is a flock of crows known as?
a murder
As the price drops the quantity demanded increases
Demand curve
What is the retail price on a product that costs $30 and is marked up 200%?
$90
How many letters in my full last name?
14
High quality good sold at high price
Premium
What is the retail price of a product that costs $1 and is marked up 99%?
$1.99
What is a group of lions called?
A pride
Lower quality good sold at a low price
Economy
What is the retail price of a product that costs $400 and is marked up 1,000%?
$4,400