What pricing strategy has generally been used for HDTV?
A) Penetration pricing
B) Price lining
C) Market pricing
D) Price fixing
E) Price skimming

Question

Quizplus · Accepted Answer

Price skimming has generally been used for HDTV. This involves setting a high price initially and gradually lowering it over time as demand becomes more saturated. This strategy allows the seller to capitalize on early adopters and recoup production costs quickly before competitors enter the market.

What Pricing Strategy Has Generally Been Used for HDTV