Tinker Toys, Inc.
Tammy is a student at a local university majoring in psychology. She has always been fascinated by toys. So she entered the business area that was her comfort zone - toys. Having done the business plan for Tinker Toys and established the business officially, Tammy is exploring the toy product ideas and its pricing

-If Tammy were to charge the highest price the market would bear,it would be called

Question

Tinker Toys, Inc.
Tammy is a student at a local university majoring in psychology. She has always been fascinated by toys. So she entered the business area that was her comfort zone - toys. Having done the business plan for Tinker Toys and established the business officially, Tammy is exploring the toy product ideas and its pricing

-If Tammy were to charge the highest price the market would bear,it would be called

Quizplus · Accepted Answer

Skimming is a pricing strategy where a seller sets a high price initially for a new product to maximize revenue from the early adopters of the product. It is used when the seller has a unique advantage over competitors and the market is willing to pay a premium price for the product.

Tinker Toys, Inc. Tammy Is a Student at a Local University Majoring in University