Of the following,which statement(s)would NOT support a market- skimming policy for a new product?
A)Competitors can enter the market easily.
B)The product's quality and image support its higher price.
C)Enough buyers want the products at that price.
D)Competitors are not able to undercut the high price.
E)C and D

Question

Quizplus · Accepted Answer

If competitors can easily enter the market, a market-skimming policy may not be effective as they may undercut the high price and steal market share.

Of the Following,which Statement(s)would NOT Support a Market- Skimming Policy