Which one of the following is not an internal factor influencing pricing policy
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cost
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objectives
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marketing mix
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Bill2021-10-12 22:12:072021-10-12 22:12:08pricing policySelling cost is the feature of the market form
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monopoly
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monopolistic competition
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oligopoly
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Bill2021-10-12 22:04:392021-10-12 22:04:39Selling cost______________ shows the change in quantity demanded as a result of a change in consumers’ income
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Price elasticity
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Cross elasticity
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Income elasticity
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Bill2021-10-12 21:45:002021-10-12 21:45:00change in quantity demandedIso-cost line indicate the price of
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Output
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Inputs
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Finished goods
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Bill2021-10-12 21:01:322021-10-12 21:01:32Iso-cost lineThe short run production function is called;
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Returns to scale
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law of variable proportion
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Production possibility frontier
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Bill2021-10-12 19:37:292021-10-12 19:37:29productionThe function of combining the other factors of production is done by
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land
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labour
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Capital
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Bill2021-10-12 19:20:182021-10-12 19:20:18factors of productionIn the case of ______________ a small change in price leads to very big change in quantity demanded
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Perfectly elastic demand
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Perfectly inelastic demand
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Relative elastic demand
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Bill2021-10-12 19:02:342021-10-12 19:02:34change in priceWhich of the following is not a method of demand forecasting of new products
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Trend projection
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Substitute approach
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Evolutionary approach
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Bill2021-10-12 18:34:112021-10-12 18:34:11demand forecastingWhich one is the method for measurement of elasticity
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Proportional or Percentage Method
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Outlay Method
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Geometric method
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Bill2021-10-12 18:29:422021-10-12 18:29:42elasticityPurposes of Short term Demand forecasting doesn’t includes;
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Making a suitable production policy.
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To reduce the cost of purchasing raw materials and to control inventory.
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Deciding suitable price policy
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Bill2021-10-12 18:22:502021-10-12 18:22:50Demand forecasting