Which of the following pricing methods is characterized by charging a high price for a new product during the introductory stage and lowering the price later?
A) cost-based pricing
B) value-based pricing
C) optimal pricing
D) skim pricing
E) auction pricing

Question

Quizplus · Accepted Answer

A)Skim pricing refers to charging a high price for a new product during the introductory stage and lowering the price later.
B)Skim pricing refers to charging a high price for a new product during the introductory stage and lowering the price later.
C)Skim pricing refers to charging a high price for a new product during the introductory stage and lowering the price later.
D)Skim pricing refers to charging a high price for a new product during the introductory stage and lowering the price later.
E)Skim pricing refers to charging a high price for a new product during the introductory stage and lowering the price later.

Which of the Following Pricing Methods Is Characterized by Charging