Price Quizzes & Trivia

We deal with prices all the time. We pay a certain amount of money when we buy things, or we might consider our time to be the price we pay to get something done. Do you think you know economics? Did you know that price refers to the amount that a seller is asking, not necessarily the amount that ends up being paid?
 
It can also be referred to as the asking price. If a buyer is offering to pay a certain amount, it is often called a bid price. Do you know the two primary forces that determine price in a free market economy? If you guessed supply and demand, then you might be ready to test yourself against some of our quizzes!

Think you know your local real estate market? Take our interactive quiz on asking prices for homes for sale in Malden.

Questions: 5  |  Attempts: 73   |  Last updated: Feb 13, 2013
  • Sample Question
    31 Skyline Drive: 3 bed/3 bath; 1472 sq.ft.


Questions: 10  |  Attempts: 67   |  Last updated: Feb 20, 2012
  • Sample Question
    If a customer calls into Sterling McCall Honda and needs to know the price of an oil change, we MUST pull that customer up in the system in order to give an accurate price.

Take a look at these five homes for sale in Woburn and see if you can guess the asking price.

Questions: 5  |  Attempts: 27   |  Last updated: Mar 25, 2019
  • Sample Question
    41 Fairway Drive: Single Family: 3 bed/3 bath; 2694 sq. ft.

This quiz will give me an indication of how well your teams did in teaching each other, and if I need to revisit or reteach concept.

Questions: 10  |  Attempts: 24   |  Last updated: Mar 25, 2019
  • Sample Question
    Which of the following is not part of the promotional mix

Smiggle.smiggle.smiggle.

Questions: 11  |  Attempts: 24   |  Last updated: Jul 30, 2011
  • Sample Question
    How much is a pencil




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Price Questions & Answers


Can you calculate the break-even point for a music CD that costs $12 to make and market and that will be sold for $15? The total quantity that will be sold at that price is 200,000.
Price of a music CD is $12 aand sale value is $15. Quantity ofsales being made is 2,00,000 pieces. Break Even point is where the amount of investment being deployed gets refunded back. The cost price is 2,00,000 $12 = $24,00,000 and the sale price i
What is the difference between Price and Cost?
The cost is known to be the expense that is related to a particular product or service. This signifies the amount that needs to be spent to produce or to market a product or service that will be offered to various customers. The price is the amount o
What is a technique that involves setting prices that all end in either odd or even numbers known as?
Odd even pricing is a technique that involves setting prices in either odd or even pieces.