Match the right answers: Column A Column B 1. Value Based Pricing a. Pricing based on seller costs 2. Cost based Pricing b. Pricing based on competitors 3. Competitor Based Pricing c. Pricing based on buyer perception
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Match the word or phrase with the most appropriate choice from the column on the right. _______Total cost a) The amount of money that a company takes in b) The sum of fixed costs and variable costs c) The point at which total revenue equals total cost d) What consumers pay per item e) The difference between total revenue and total cost f) What companies spend whether or not a product is produced g) The point at which supply equals demand h) The costs that vary according to the number of items produced
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