Skimming pricing is a strategy that introduces a new or innovative product by
A) following a price elastic strategy.
B) creating multiple price points.
C) setting a high initial price.
D) setting a low initial price.
E) setting the price at the average of competitors' prices.
Correct Answer:
Verified
Q14: Which of these is the step in
Q15: The key to setting a final price
Q16: Q17: To accommodate the changes in the book Q18: A skimming pricing policy is likely to Q20: A manufacturer of a portable digital HD Q21: Prestige pricing refers to Q22: A penetration pricing policy is most likely Q23: Q24: Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
A) charging different prices