When organizations need to meet an economy-of-scale point, they often use a skimming pricing strategy.

Name: When organizations need to meet an economy-of-scale point, they often use a skimming pricing strategy.
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Question

Quizplus · Accepted Answer

A skimming pricing strategy involves setting high prices initially and lowering them over time, which is not typically used to achieve economies of scale. Instead, penetration pricing is often used to quickly gain market share and achieve economies of scale.

When Organizations Need to Meet an Economy-Of-Scale Point, They Often