HELP ASAP
match the terms with their definitions
Inflation
Economizing
cost- push pricing
Target audience
demand-pull inflation
cost-plus pricing
comparison shopping
Markup
1.
Setting a price based on production costs plus a markup
2.
Checking prices, brands, and quality among several sellers
to make sure you are getting the best deal
3.
Rising prices as a result of rising production costs
4.
An increase in the general level of prices for goods and services
5.
Saving as much as possible and spending money only when necessary
6.
A specific consumer group who are likely to buy a product
7.
Rising prices as a result of consumers wanting to buy more
goods and services than producers supply
8.
The percentage amount added to production cost to obtain the price of an item