Which of the Following Is True of Price Skimming Strategy

Which of the following is true of price skimming strategy?

A) A company uses a price skimming strategy to combat competitive threat.
B) Price skimming strategy helps a company encourage rapid acceptance of an innovation.
C) With a price skimming strategy, a company can recover research and development costs.
D) When a company uses a low price to enter the market, it is referred to as a price skimming strategy.