QN1. Schemes like ‘buy two and pay for one’ are known as premiums. (True/False) AnswerAnswer: False QN2. Giving 10 candies free in a jar of 200 candies is a promotion offer directed usually at consumers. (True/False) AnswerAnswer: False QN3. Immediate price discounts are more beneficial if you want consumers to switch brands. (True/False) AnswerAnswer: True…