A skimming pricing policy
A)should be used if a firm expects strong competition very soon.
B)is most useful when demand is very elastic.
C)is typically used during the sales decline stage of the product life cycle.
D)often involves a slow reduction in price over time.
E)means temporary price cuts to speed new products into a market.

Question

Quizplus · Accepted Answer

A skimming policy often involves a slow reduction in price over time to aim at more price-sensitive customers.

A Skimming Pricing Policy