A price clearly above the market,but appropriate to a differentiated product,nonthreatening to competition,and with room for some price manipulations,characterizes this pricing strategy.
A)Premium pricing
B)Penetration pricing
C)Skimming pricing
D)Competitive pricing

Question

Quizplus · Accepted Answer

Skimming pricing is a pricing strategy that sets a high initial price for a product or service, then gradually lowers the price over time. This strategy is often used for new products or services that are in high demand and have little competition.

A Price Clearly Above the Market,but Appropriate to a Differentiated