Reading: Fill in the Blanks · Part 2: Reading

Selling Price

48 students marked "I sat this"Added 14 Jul 2022Question #110063

Drag words into the blanks.

Once an organization has its product to sell, it must then 1 the appropriate price to sell it at. The price is set by balancing many 2 including supply-and-demand, cost, desired profit competition, perceived value, and market behavior. Ultimately, the final price is determined by what the market is willing to 3 for the product. Pricing theory can be quite complex because so many factors influence what the purchaser 4 is a fair value.

It also should be 5 that, in addition to monetary exchange, price can be the exchange of goods or services as in a barter agreement, or an exchange of specific behavior, such as a vote in a political campaign.

Word box (alphabetical)

decidesdetermineelementsexchangefactorsnotedresolvetransfer
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Reading: Fill in the Blanks format (Pearson)

Pearson's name: Fill in the Blanks (Drag and Drop)

PromptText up to 80 words
Time to answerNot set per question (Part 2 lasts 23–30 minutes)
Skills assessedReading

How it is scored

  • The box has more words than there are gaps.
  • Partial credit applies: a partly correct response still scores.

Source: Pearson, PTE Academic & UKVI test format, Part 2: Reading, checked 9 October 2026.