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A Price Skimming Strategy Is Most Often Used for a New

Question 1

Multiple Choice
A price skimming strategy is most often used for a new product when:
A)competition in the market is abundant.
B)customers are unwilling to spend a large amount of money on the product.
C)its supply is greater than its demand.
D)the product is perceived as having unique advantages.

A price skimming strategy is most often used for a new product when:


A) competition in the market is abundant.
B) customers are unwilling to spend a large amount of money on the product.
C) its supply is greater than its demand.
D) the product is perceived as having unique advantages.

Correct Answer:

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