1. June 2nd

2. 1. A skimming strategy will work best for a retailer when
competition is abundant
revenues are equal to expenses
demand is less than supply
the retailer has a temporary monopoly with its product line

3. 2. Retailers that offer extended shopping hours are more likely to pursue a _______ policy.
pricing above the market
pricing where profits are maximized
flexible pricing
following the competition
bundling price

4. 3. The Value meal at Burger King is an example of _______ pricing
Status Quo
Odd-Even
Bundle
Leader
One-Price

5. Customary Leader Specified Flexible
4. An example of a ______ pricing policy is when movie theaters give discounts to special groups, such as seniors.
Customary
Leader
Specified
Flexible

6. 5. _____ was the number one movie over the weekend
Sex and the City
Some movie my girlfriend wanted me to go to, but I pretended I had to community service, just to get out of it