What Is Setting an Initially Low Price to Establish a New

question 49

Multiple Choice

What is setting an initially low price to establish a new product in the market called?

• A)Penetration pricing
• B)Low ball pricing
• C)Trial pricing
• D)Price skimming
• E)Underpricing

---

Definitions:

Mania

A mental state characterized by extremely elevated mood, energy, and unusual thought patterns, often seen in bipolar disorder.

Cocaine

A natural drug derived from the leaves of the coca plant.

Amphetamines

Stimulants that are synthesized (made) in laboratories rather than being found in nature.

Rate Of Speech

The speed at which an individual speaks, measured in words per minute, and can indicate various communication or neurological conditions.