Which of the following refers to a pricing objective that maintains existing prices or meets the competitions prices?

	A.	Sales maximization
	B.	Status quo pricing
	C.	Satisfactory pricing
	D.	Pricing based on perceived satisfaction

When there are many substitutes available in the market for a particular product, consumers

	A.	have a hard time switching from one product to another, making demand more elastic.
	B.	have a hard time switching from one product to another, making demand more inelastic.
	C.	can easily switch from one product to another, making demand more elastic
	D.	can easily switch from one product to another, making demand more inelastic.

A software program that searches the Web for the best price for a particular item that you wish to purchase is called ______________.

	A.	a shopping bot
	B.	the extranet
	C.	a wireless shop
	D.	an internet auction