Selling Price Version2
Choose the word for each blank.
Once an organization has its product to sell, it must then determine the appropriate price to sell it at. The price is set by 1 many factors 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 2 for the product. Pricing theory can be quite complex because so many factors influence what the purchaser decides is a fair 3. It also should be noted that, in addition to monetary exchange, price can be the exchange of goods or 4 as in a barter agreement, or an exchange of specific behavior, such as a vote in a 5 campaign.
Options for each gap (alphabetical)
- 1 balancing · determining · looking · setting
- 2 exchange · produce · provide · search
- 3 factor · product · quality · value
- 4 money · products · services · value
- 5 educational · election · historical · political
Opens question #120411 in the RealPTE practice screen.
More Reading & Writing: Fill in the Blanks questions
Reading & Writing: Fill in the Blanks format (Pearson)
Pearson's name: Fill in the Blanks (Dropdown)
| Prompt | Text up to 200 words |
|---|---|
| Time to answer | Not set per question (Part 2 lasts 23–30 minutes) |
| Skills assessed | Reading, Writing |
How it is scored
- Partial credit applies: a partly correct response still scores.
Source: Pearson, PTE Academic & UKVI test format, Part 2: Reading, checked 9 October 2026.