Random
What is the name for the Twitter bird?
Larry
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
Who was the best ping pong player in the world?
Jan-Ove Waldner
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
Determine what customers are willing to pay for product
Demand-oriented pricing
What is the retail price on a product that costs $30 and is marked up 200%?
$90
How many miles of blood vessels are there in the human body?
60,000
Price above competition, price below competition, price in line with competition
Competition-oriented pricing
What is the retail price of a product that costs $1 and is marked up 99%?
$1.99
How many americans are injured by toilets each year?
40,000
Calculate cost of making product and the expenses of doing business
Cost-oriented pricing
What is the retail price of a product that costs $400 and is marked up 1,000%?
$4,400