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When Using a Skimming Price Strategy,small Business Owners Should Remember

Question 13

Multiple Choice

When using a skimming price strategy,small business owners should remember that:


A) it is difficult to correct pricing mistakes with this strategy.
B) it is a long-term policy and it will take time to see appropriate results.
C) if a price is set too low initially,it can be very hard to raise it later.
D) it is an excellent strategy for discouraging competitors from entering the market.

Correct Answer:

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