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Pricing and competition
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A discount is...
Price cut
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A government measure to combat inflation is known as...
Price control
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A steep increase in price is...
Price hike
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The suggested price for the general public is the...
Recommended retail price
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It is a period when prices raise quickly
Price boom
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An aggressive pricing competition is a...
Price war
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The price label attached to a product is the...
Price tag
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The first company to raise or drop prices is known as...
Price leader
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Asking the customer to pay too much means...
Overcharging
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It means charging much less than competitors
Undercutting
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