ECONOMICS (CBSE/UGC NET)

ECONOMICS

MONEY MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Why should you price shop?
A
To pay more money.
B
To build interest.
C
To spend more.
D
To save and get the best deal.
Explanation: 

Detailed explanation-1: -Benefits of Discount Pricing By offering a reduced price for a quality product, less activation energy is needed to inspire customers to make a purchase. For customers who are interested but unsure about buying a product, offering a discount can be a helpful way to close a sale.

Detailed explanation-2: -In simple terms, a special pricing agreement is: An agreement offered jointly between a manufacturer and a distributor to supply products to a defined market segment at a specially reduced price. The prices offered might even be loss making for the distributor without the support that they claim from the manufacturer.

Detailed explanation-3: -Set a budget and make a shopping list. Shop at the right time. Apply coupons. Compare (and match) prices. Use shopping tools and apps. Buy online, pick up in store. Get rewards. Score free stuff. 17-Aug-2021

Detailed explanation-4: -Scrutinize prices. Know where to find coupons. Consider refurbished. Set sale alerts. Ask for a rain check. Speak to a store associate. Be social. Shop secondhand. More items •09-Jun-2020

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