A Strategy of Selling a New Product or Service at a High

question 22

Multiple Choice

A strategy of selling a new product or service at a high price that innovators and early adopters are willing to pay to obtain is called:

• A)price fixing.
• B)price skimming.
• C)price discrimination.
• D)bait and switch.
• E)resale price maintenance.

---

Definitions:

Cigarette Smoking

The act of inhaling and exhaling the smoke of burned tobacco that may contain additives, which is known to cause several health problems, including cancer.

Body Mass Index

A metric for assessing body fat, using both height and weight, designed for use in adults of either sex.

Moderate Exercise

Physical activity that is not too vigorous or too easy, providing health benefits without excessive stress on the body, such as brisk walking or steady bicycling.