Companies thus use a skimming strategy price the product above that of competitors, when competition is minimal.

Name: Companies thus use a skimming strategy price the product above that of competitors, when competition is minimal.
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Quizplus · Accepted Answer

Companies thus use a skimming strategy price the product above that of competitors, when competition is minimal. In general, consumers responding to skimming strategies are more concerned with quality, uniqueness, and status, rather than price.

Companies Thus Use a Skimming Strategy Price the Product Above