A skimming pricing policy is likely to be most effective when
A) consumers tend to be price sensitive.
B) it will be easier to set measurable sales unit goals.
C) a lower price will significantly lower fixed costs.
D) consumers perceive your product to be similar to other products on the market.
E) customers are willing to buy immediately at the high initial price
Correct Answer:
Verified
Q3: Demand-oriented approaches weigh factors that underlie expected
Q6: Skimming pricing is considered to be a
Q19: Skimming pricing is a strategy that introduces
Q20: The key to setting a price for
Q22: A skimming pricing policy is likely to
Q22: Setting the highest initial price that customers
Q43: All of the following are demand-oriented approaches
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents