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A Skimming Pricing Strategy

Question 22

Multiple Choice

A skimming pricing strategy:


A) allows low income households the ability to purchase a particular good or service.
B) drives competitors out of business in order to achieve a monopoly position in the market.
C) creates a "common man" image to reach a larger market.
D) establishes a high price in order to earn the highest possible profit while there is little competition.
E) establishes a low price in order to ensure little competition.

Correct Answer:

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