If your goal is to avoid storing or discarding

16. If your goal is to avoid storing or discarding merchandise, what pricing strategy should you
select?
A. Competitive C. Cost plus markup
B. Close out D. Versioning
17. Why would an event marketer promote an upcoming celebrity golf tournament at an exclusive
course as a once-in-a-lifetime event?
18. A soccer camp provides five leaders at $8 per hour for eight hours a day for five days. If fringe
benefits are 20% of the wages and supplies total $650, calculate the cost per person if 40
players attend.
19. An increase in ticket prices is most accepted by fans if a sport has a(n) __________ demand for
tickets.
20. When setting ticket prices for professional baseball games, the organization considers the
team's performance, which is a(n) __________ factor.
A. situational C. operational

B. ethical D. developmental
21. A sporting event setting ticket prices based on potential customers' ability to pay is an example
of a price