Prices

lekcja

Price is the amount of money for which some certain product of service is sold. There are a number of expressions with ‘price’:

  • low-priced = cheap (tani)
  • mid-price = the price is moderate (w średniej cenie)
  • high-priced = expensive (drogi)
  • price hike = increase in price (podwyżka)
  • price boom = a good time for sellers as prices are going up quickly (boom cenowy)
  • price tag = label attached to goods with a price on it (metka z ceną)
  • price leader = a company that is first to increase or reduce prices (lider cenowy)
  • price cut = when the price is reduced (obniżka ceny)
  • price war = competitors reduce prices in response to one another (wojna cenowa)
  • list price = retail price suggested by the manufacturer (cena katalogowa)
  • pricing policy = procedure used by companies to set their wholesale and retail prices
  • wholesale price = price for goods which are sold in great quantities
  • retail price = price charged to customers in a shop

Exercise

Complete the sentences:

  1. ‘Baltica’ is a ........................................ , it is the first to offer higher prices.
  2. The ..................................... between ‘Cargo’ and ‘Shipping Ltd’ started about 5 years ago. When one company reduces a price, the other does the same.
  3. Next month there will be five per cent ................................ off electricity bills so we will pay less.
  4. How much are apples? I can’t find the ......................
  5. Customers prefer ......................... products than expensive goods.
  6. After last ......................... flats were twice as expesive as just one year ago.

 

Key: 1. price leader 2. price war 3. price cut 4. price tag 5. low priced 6. price boom

Fiszki - Prices


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