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.

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Definitions:

One-to-many Relationship

In database design, a relationship where a single record in one table can be associated with multiple records in another table.

Common Field

A term used in databases and spreadsheets referring to a field (column) that is present in two or more database tables, used for linking them together.

Default Field Property

The predefined attributes or settings for database fields, such as data type or size, that apply when a new field is created.

Design View

An interface in various software applications that allows users to visually create and modify databases, web pages, or documents without writing code.