Page 73 - ielts speaking actual tests

market itself as well as material prices, we weighed the costs and benefits of each

price to come up with a final selling price.

From this experience, I learned that it was hard to persuade people with your
subjective reasons. However, if your decision is backed up by sound numbers, it
will be more convincing.

VOCABULARY

 simulation: [noun] a project in which a situation is created, but is not real.
However, the conditions are similar to those that we could expect in real life.

Example: In class, we studied a simulation on the computer of how dinosaurs used
to live.

 be at daggers drawn: [expression] a dagger is a weapon, like a knife, and if people

are at daggers drawn, they are very angry with each other.
Example: In the debate, the candidates for President were at daggers drawn over

the question of economic policy.

 pull together: [phrasal verb] to work together with other people in an organised
way and without conflict.

Example: If we all pull together, we will finish the work on time.

 pricing: [noun] the act of deciding how much something should cost.

Example: The pricing policy of the supermarket was to offer a discount if you buy
something in a large quantity.

 at a premium: [expression] if we talk of a premium price, we mean a price that is
higher than usual.

Example: Shares in the company are selling at a premium, because everyone
thinks that the company will be very successful this year.

 mid-end: [adjective] I wanted to reach customers who wanted shoes of medium
price and quality.

Example: Although the sales of expensive luxury cars and also cheap second-hand
cars were falling, sales aimed at the mid-end market remained stable.

 come up with: [phrasal verb] to find or produce an answer to a problem.

Example: The government has come up with a plan to reduce pollution in the city.