Which product is likely to experience skimming pricing?
A)new Apple iPhone
B)an online file-sharing service like Dropbox
C)running shoes by Nike
D)access to Netflix

Question

Quizplus · Accepted Answer

The new Apple iPhone is likely to experience skimming pricing because it is a new and highly anticipated product that is expected to have unique features and capabilities. Apple often sets high prices for their new products, which eventually decrease as the product becomes more widely available and competition arises. Skimming pricing is often used for products that have a unique value proposition and appeal to early adopters who are willing to pay a premium for the product.

Which Product Is Likely to Experience Skimming Pricing