Which of the Following Strategies Is Involved with Price Skimming

question 28

Multiple Choice

Which of the following strategies is involved with price skimming?

• A) setting an initial low price to establish a new product in the market
• B) setting an initial low price to cover new product costs and still generate a profit
• C) setting a limited number of prices for certain categories or products
• D) setting an initial high price to establish a new product in the market
• E) setting an initial high price to cover new product costs and still generate a profit