Which of the Following Should Be True for a Skimming

question 20

Multiple Choice

Which of the following should be true for a skimming price to be successful?

• A)Supply should exceed demand.
• B)There should be little chance that competitors can quickly enter the market.
• C)Demand must be stable.
• D)Target consumers should be price sensitive.
• E)The producer should use intensive distribution.

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Definitions:

Kind

Characterized by a caring, generous, and considerate nature towards others.

Socially Skilled

The ability to interact effectively and harmoniously with other people in various social contexts.

Higher

A term indicating a comparative level of elevation, degree, or importance over another reference point.

Attractive People

Individuals who are generally considered pleasing or appealing in physical appearance by others.