____ Is a New Product Pricing Strategy Which Results in a High

question 18

Multiple Choice

____ is a new product pricing strategy which results in a high initial product price.This price is reduced over time as demand at the higher price is satisfied.

• A) Prestige pricing
• B) Price lining
• C) Skimming
• D) Incremental pricing
• E) None of the above

---

Definitions:

Acute

Describing a condition with a rapid onset and a short, severe course.

Second-Degree Sunburn

A type of sunburn that involves the outer layer of skin (epidermis) and some part of the dermis, causing redness, swelling, and blistering.

Gastroenteritis

An inflammatory condition of the stomach and intestines typically caused by infection with bacteria, viruses, or other parasites, leading to symptoms like vomiting and diarrhea.

Salmonella Infection

A bacterial infection typically acquired from contaminated food or water, causing symptoms like diarrhea, fever, and abdominal cramps.